Effect of Russia-Ukriane War

Posted on 2022-03-11
Due to Russia &Ukraine's war ,caused the sunflower seed oil stopping supply from black sea region.
The black sea region is the world's largest exporter of sunflower oil,accounting for 60% of the world's production and 76% of exports.Ukraine's seaport will keep closing until war is over.
Buyer have to find other oil to replace ,Plam oil became the most expensive of one.
The war has impacted part of downstream solvent and adjuvant.


Besides, according to news in worldwide, the R-U war has impacted the supply of fertilizer and agricultural products. Russia is the main supplier of potassium carbonate and gas and both of Russia and Ukraine are the main suppliers for grains.