Free Sunflower Oil Price Trend and Forecast New York

Published date: December 15, 2022
  • Location: New York, New York, NY, United States

In North America, Sunflower Oil Price fluctuated during the Q3 of 2022 due to mixed market sentiments and fluctuating market dynamics from the downstream industries. In the first half of Q3, the price of Sunflower Oil decreased owing to the decreased demand from local traders, which declined the price of oil in the local market. Sunflower Oil demand has decreased drastically from the consumers' end. In addition, Canada had been the leading importer destination of US sunflower oil, and demand from Canada decreased, which significantly decreased the price of the product. In the second half of Q3 2022, the price remained upward because of rising inflation and disrupted supply from European countries. The price of the commodity increased due to a consistent decrease in the price of the product in the previous months of the quarter, which has led to a decrease in the level of inventories. Towards the end of Q3 2022, the price of Sunflower Oil was recorded to be USD 1805/MT for FOB Houston (USA) in September 2022.

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E-Mail:- sales@chemanalyst.com
websites:- https://www.chemanalyst.com/Pricing-data/sunflower-oil-1315
Contact No:- +13322586602

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