Agriculture, Vegetable Oils

September 01, 2025

Platts updates FOB Black Sea Sunflower Oil basis location

Platts, part of S&P Global Commodity Insights, has updated the basis location for its FOB Black Sea Sunflower Oil assessment, effective Sept. 1, 2025.

Platts has changed the basis location for this FOB assessment (SFWBL00) to the Port of Chornomorsk , with prices from other locations, including Odesa and Pivdennyi, to be considered and normalized to the basis location.

Platts will also continue to gather and publish pricing information from other relevant loading and delivery locations and may normalize such indications for inclusion within the Sunflower Oil FOB Black Sea assessment.

This change is a result of market feedback regarding higher sunflower oil export flows from the POC deep-sea ports ( Pivdennyi, Odesa, Chornomorsk) and a lack of liquidity from the Danube (Reni/Izmail) ports.

In the event of a lack of deep-sea port prices, Platts may include pricing information from other ports, such as Izmail and Reni ports, but normalize back to the basis location.

Please submit any feedback, comments, or questions to mrts_biofuelsandfeedstocks@spglobal.com and pricegroup@spglobal.com.

For written comments, please provide a clear indication if comments are not intended for publication by Platts for public viewing. Platts will consider all comments received and will make comments not marked as confidential available upon request.