1. China Sunflower Oil Market Report
January Monthly Report Edition, Sun Oil Department

2. market information: Comparing January to early May crude sunflower oil rose 2%, The domestic level spot Down 5%
In January sunflower oil rose slightly, the other showed a vast callback trend. The domestic market due to the end of the Spring Festival season stocking, domestic oil prices fall. International market soybean oil is rebounding.

3. market information: In 2016 imports of Sun Oil significantly exceed expectations, China imported a great volume of sunflower oil in December, In 2017 Imports are expected to increase further.
In 2016 actual imports of tons, 80,000 tons higher than expected, breaking expected 900,000 tons. In 2017 imports are expected to increase to 1.08 million tons.

4. Market information: In 2016 Chinese imports of sunflower oil in Russia accounted from 4% to 14%, but after November Russian origin sunflower oil decreased significantly.
In 2016, 75% of Ukraine's imports of sunflower oil, 14% of Russia, 10% of Argentina, and more diversified than in 2015.
But after November, due to the appreciation of the ruble and the hryvnia devaluation, leading to decline in Russian imports of sunflower oil, Ukrainian share rose.

5. Market Information: Jiangsu surpasses Shanghai, becoming the largest port of import of Chinese sunflower oil. Tianjin, Shenzhen and Qingdao import grows rapidly.
In 2016, Jiangsu imported a total of 330,000 tons of sunflower oil, up 87% over the previous year, becoming China's largest port of import of sunflower oil. Shanghai, as a result of age restrictions and restrictions on the delivery of ships and other factors, import growth is not obvious. Tianjin Port imported 200,000 tons, up 33% over the previous year. Guangdong imports 30,000 tons, an increase of 140% over the previous year, mainly imports accounted for Yihai majority of imports in Guangdong. Qingdao imported 19,000 tons, in 2015, only 4 thousand tons, an increase of 375%. Qingdao sunflower import market in particular for the scattered imports, large traders have not yet stationed.

6. China's major regional importers of sunflower oil, Shandong, a significant increase in imports

7. Market Information: January soybean oil fell sharply, soybean Oil spread narrowed to -15 dollars
January soybean oil continued to fall, the price of sunflower oil is more stable, spread rapidly narrowed. February-March oil is $ 15 cheaper than soybean oil.

8. Market Information: During the Spring Festival, the domestic level of corn oil rose faster than the sunflower, sunflower and corn oil spreads to expand
Interior mkt in mid-December, the domestic market price of sunflower oil rose 400 yuan / ton, a stable price of corn oil, slightly lower, so the spread narrowed. But the sunflower oil is still cheaper 800 yuan / ton than corn oil.

9. Market information: Ukrainian hryvnia devaluation, ruble appreciation, Ukraine agricultural exports cost is at advantage
January hryvnia depreciation of 3%, compared with the end of October devaluation of 6%. The ruble gained 5% from the end of October. Imports from Ukraine are at advantage, so after October Russia's exports of Chinese oil significantly shrinking.

10. Market information: Chinese sunflower oil BALANCE