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  • sunflower oil-monthly price-commodity prices of uzbekistan
  • sunflower oil-monthly price-commodity prices of uzbekistan
  • sunflower oil-monthly price-commodity prices of uzbekistan
  • sunflower oil-monthly price-commodity prices of uzbekistan

IMF Primary Commodity Prices

Sunflower Oil price assessment S&P Global Platts

Prices OILWORLD.biz

Primary Commodity Price System IMF Data

  • What is the global price of sunflower oil?
  • Global price of Sunflower Oil was 1446.1854 as of 2024-12-01, according to International Monetary Fund. Historically, Global price of Sunflower Oil reached a record high of 2536.6175 and a record low of 332.5455, the median value is 673. Typical value range is from 838.53 to 1. The Year-Over-Year growth is 26.62%.
  • What drives sunflower oil prices?
  • Sunflower oil plays a crucial role in the global edible oil market, with daily prices fluctuating based on supply and demand. This article will provide insights into the trends and factors driving sunflower oil prices, focusing on crude sunflower oil, which is traded in its raw form in global markets.
  • Why are sunflower oil prices so high in 2024?
  • As of 2024, sunflower oil prices are closely tied to global economic conditions. Ongoing geopolitical tensions, particularly in Eastern Europe, have kept prices volatile. Additionally, increasing demand for vegetable oils due to dietary shifts towards plant-based products has played a role in maintaining higher sunflower oil rates.
  • Why is refined sunflower oil more expensive than crude oil?
  • On the other hand, refined sunflower oil undergoes further processing to remove impurities, improve flavor, and extend shelf life, often leading to higher pricing. Understanding the crude oil price is essential because it serves as a foundation for the refined oil prices that consumers see.
  • Why did sunflower oil prices skyrocket?
  • Sunflower oil prices skyrocketed more than 40% since the day of the invasion which causes other vegetable oil prices to soar. Experts believe that this price trend will continue for the next two years or even longer depending on the two countries’ war agreement. 2. Climate Change
  • What factors affect sunflower oil price?
  • Sunflower oil is a commodity traded globally, and its price is influenced by various factors, including crop yields, geopolitical issues, and shifts in consumer demand. Pricing is set on international exchanges, much like other commodities such as crude oil or wheat.