01 Sunflower

Week 46 (November 10-14, 2025): Domestic sunflower prices remained relatively stable this week. Specific regional prices are as follows:

Weekly Review:

This week, a large quantity of new-season sunflowers entered the market both domestically and internationally. Xinjiang's Tacheng and Alashankou regions continued importing Kazakhstani sunflower kernels, but overall sales were moderate. On the supply side, although sunflowers are concentrated in the market, supply has shifted from tight to loose, which is bearish for sunflower prices. On the demand side, the market is mainly driven by restocking for essential needs, with low stockpiling levels and demand falling short of expectations, further weighing on the sunflower market. However, import costs from abroad have not weakened, thus supporting sunflower prices.

It is expected that in the short term (January-February), prices for both new and old-season sunflowers will remain stable. New-season sunflower prices will gradually return to fundamentals, with traders mostly adopting a wait-and-see attitude and stockpiling small amounts. The high price of sunflower oil and its unclear future direction are mainly supporting sunflower prices. Overall, supply and demand are relatively balanced. In the future, close attention should be paid to the harvest situation and policy trends in Russia, Ukraine, and Kazakhstan.

02 Sunflower Oil

Week 46 (November 10-14, 2025): The average domestic sunflower seed oil price this week was 11,850 yuan/ton. Specifically, the price of Grade 1 sunflower seed oil in Jiangsu was 12,400 yuan/ton; in Xinjiang, it was 11,300 yuan/ton; in Tianjin, it was 12,300 yuan/ton; and in Shanghai, it was 12,350 yuan/ton. Prices in each region are as follows:

Weekly Review:

This week, actual transactions of sunflower seed oil in North and East China hovered around 12,300 yuan/ton. New season sunflower oil is being crushed, and domestic arrivals are limited. Port supply remains tight, supporting the sunflower seed oil market. However, the domestic edible oil market was weak this week. Coupled with the high price of sunflower seed oil and the significant substitution effect of other edible oils such as peanut oil and corn oil, weak demand limited the potential for further price increases in sunflower seed oil. As of November 14th, the November FOB price at Russian Black Sea ports was $1180/ton, remaining stable compared to the previous week. The market demand for Ukrainian sunflower oil is $1220-1230/ton, with deliveries expected in November-December.

In the short term, sunflower oil prices are expected to remain stable. From a supply and demand perspective, the arrival of new season sunflower oil from Russia and Kazakhstan has eased the current tight supply situation. With relatively stable international prices, the peak demand season is currently supporting sunflower oil market prices.