Market updates on oilseeds and vegetable oils with up-to-date price trends
Oilseeds
May 25, 2022

Flaxseed: traders want to sell

NUR-SULTAN/OTTAWA. As demand is very much subdued traders are trying to sell their expensive supplies as quickly as they possibly can. Producers, however, expect prices to rise for the new crop. Issue is the lack of rain in Kazakhstan.
Oilseeds
May 25, 2022

Sunflower seeds: heat to reduce yields

SOFIA/KYIV. Sunflower seed traders are concerned over excessive heat and drought in Bulgaria as these adverse weather conditions may very well impact production. Suppliers are only issuing few offers for the new crop. Ukraine continues to ship sunflower seeds to the EU.
Oilseeds
May 23, 2022

Pumpkin seeds: crazy run on supplies

DALIAN. A sudden run on pumpkin seeds has taken traders in China by surprise. No one expected such a move. If sales continue at this rate, supplies will be gone well before the end of the season.
Nuts
May 23, 2022

Peanuts: unease over supply and demand

NEW DELHI. Although the prices for peanuts have fluctuated in a narrow range in India in recent weeks, traders reckon that this is about to change. Issue are global factors, especially since production is under the weather in Brazil. Recently updated production estimates, however, tell a different story.
Oilseeds
May 19, 2022

Flaxseed: Kazakhstan's growing regions are too dry

OTTAWA/NUR-SULTAN. In mid-May, farmers started sowing in the Kazakh growing regions, but in some areas conditions are reported to be relatively dry. According to Canada's exporters, they have so far hardly benefited from supply restrictions between Russia and the EU.
Oilseeds
May 19, 2022

Blue poppy seeds: traders can agree on prices

CHRUDIM. The official cultivation figures are eagerly awaited in the Czech poppy seed market, while the expectations of market players diverge significantly. In contrast, traders are united in their price expectations for the new crop.
Oilseeds
May 19, 2022

Sesame seeds: growers are worried about their yields

NEW DELHI. Indian sesame seed traders are disappointed with the current price developments. After the tender win and the arrival of good quality goods in the market, they had expected firmer prices; now the opposite has happened.
Oilseeds
May 18, 2022

Sunflower seeds: Ukraine accelerates sowing

SOFIA/KYIV. According to market players, there is currently no reason for Bulgarian growers to sell their raw material stocks as quickly as possible. This is also reflected in prices. In Ukraine, sunflower seed sowing continues to progress, with an estimated 70% of the planned area already sown.
Oilseeds
May 16, 2022

Pumpkin seeds: suppliers need to stock up

DALIAN. As suppliers need to fill their stocks as quickly as possible in order to meet their contracts, prices in the shine skin market have continued to increase. Traders hope that the market for GWS kernels will soon follow suit.
Oilseeds
May 12, 2022

Sesame seeds: still no price increases

NEW DELHI. There is still no sign of a firming of prices in the Indian sesame seed market. Despite tender sales, demand is missing, which puts pressure on prices. Market players are pinning their hopes on the new crop.
Oilseeds
May 12, 2022

Blue poppy seeds: 30% decline in cultivation expected

CHRUDIM. The decline in poppy seed cultivation in the Czech Republic is becoming more concrete. As a result, exporters have adjusted their prices for prompt shipments and indications for new crop are also at a correspondingly high level.
Oilseeds
May 11, 2022

Sunflower seeds: sowing 24% down on last year

SOFIA/KYIV. While the prices for prompt shipping of bakery kernels are relatively firm in Bulgaria, the prices on offer for the new crop differ considerably. Suppliers in Urkraine continue to try their very best to step up sunflower seed and other agri-food shipments to the EU. Moldova is also essential for the bloc.
Oilseeds
May 9, 2022

Pumpkin seeds: speculators as price drivers

DALIAN. Since a large part of the still available raw kernels is now in the hands of speculators, they are significantly involved in the price development. Currency fluctuations, however, also play an important role.
Oilseeds
May 5, 2022

Flaxseed: concern creates selling pressure

NUR-SULTAN/MOSCOW. Concerns about further sanctions and rising fuel prices are prompting flaxseed traders to act. The aim is to secure sufficient goods and to commit them in contracts.
Oilseeds
May 5, 2022

Sesame seeds: no price increase despite tender win

NEW DELHI. The tender win did not bring the desired price increase to the Indian sesame seed market. In the coming weeks, exporters will stock up and the first small positions from the new crop are already available on the market.
Oilseeds
May 5, 2022

Blue poppy seeds: difficult starting position

CHRUDIM/BUDAPEST. Hungarian poppy seed traders once again emphasise the difficult market situation and hold back with offers. Czech poppy seed cultivation could also hold a few unpleasant surprises this year.
Oilseeds
May 4, 2022

Sunflower seeds: EU crop could exceed 11 million mt

SOFIA/KYIV. To make room for the new crop, Ukrainian companies are trying to keep exports to the EU going. Now market players are reporting that petrol is becoming increasingly scarce. Meanwhile, the European Commission has updated its crop forecast for the 2022 EU crop.
Oilseeds
May 2, 2022

Pumpkin seeds: sowing has started

DALIAN. In China, sowing for the new crop has started this week and the new goods are expected to reach the markets in September. Suppliers are currently facing a major challenge due to the unstable Chinese currency.
Nuts
May 2, 2022

Peanuts: war is not the only issue

ATLANTA. Current geopolitical tensions have hit peanuts hard as is the case with most agricultural commodities. Uncertainty is the issue here, especially since acreage remained shrouded in mystery for quite a while. These are, however, not the only problems presenting a challenge for producers.
Oilseeds
Apr 28, 2022

Flaxseed: enquiries up to April 2023

OTTAWA/NUR-SULTAN. At the beginning of the Ukraine war, there were mass calls for various food commodities on the European market, including flaxseed. In the meantime, the situation has calmed down again.
Oilseeds
Apr 28, 2022

Sesame seeds: good quality should cause prices to rise

NEW DELHI. Indian traders were very successful the last sesame seed tender. Smaller positions from the new crop are already said to be available in the Indian market, but the bulk is not expected before May.
Oilseeds
Apr 27, 2022

Blue poppy seeds: poppy seeds are replaced by other crops

CHRUDIM. In the Czech blue poppy seed market, demand has continued to increase in recent weeks, but the availability of good quality goods at favourable prices is limited. Therefore, there are continous price adjustments.
Oilseeds
Apr 27, 2022

Sunflower seeds: no panic in the market yet

SOFIA/KYIV. The announced stop of Russian gas supplies to Bulgaria is now hovering ominously over the sunflower seed market. Ukraine is still ensuring sufficient availability of raw kernels. Despite all this, Chinese sunflower seeds can hardly keep up in terms of price.
Oilseeds
Apr 27, 2022

Mustard seeds: significant production increase in sight

OTTAWA. Agriculture and Agri-Food Canada is optimistic about yield and crop volume in its latest estimates for the 2022/23 season. Germany's imports, meanwhile, are significantly higher than last year.
Oilseeds
Apr 25, 2022

Pumpkin seeds: commodity prices increase again

DALIAN. After the prices for Chinese raw kernels had fallen continuously in the past weeks, they have now increased again. The reason for this is the rising demand.
Oilseeds
Apr 21, 2022

Sesame seeds: waiting for the new crop

NEW DELHI. Activity in the Indian sesame seed market is low, and traders expect the market to remain largely stable until the new crop arrives. However, a lack of demand continues to put pressure on prices.
Oilseeds
Apr 21, 2022

Sunflower seeds: no restrictions on Ukrainian agricultural exports

SOFIA/KYIV. Traders from western Ukraine are keen to sell their stocks as quickly as possible, which eases the situation in the sunflower seed market slightly. Depending on the region, sunflower seed production in Ukraine may be up to 45% lower this year, according to current estimates.
Oilseeds
Apr 20, 2022

Flaxseed: KGU gives first cultivation forecast for 2022

NUR-SULTAN/MOSCOW. The AUDITOR editorial team spoke with market expert Evgeniy Karabanov about the flaxseed market. In addition to the hurdles that make procurement difficult due to the Ukraine crisis, there are initial estimates regarding the cultivation area for the 2022 crop.
Oilseeds
Apr 19, 2022

Pumpkin seeds: virtually no new long-term contracts

DALIAN. As expected, commodity prices have settled at last week's level and the focus is set on the new crop. For this reason, contracts are almost entirely concluded for prompt shipments.
Oilseeds
Apr 14, 2022

Flaxseed: freight costs from Kazakhstan increase massively

NUR-SULTAN/OTTAWA. Since last weekend, new restrictions have been in place for transports from Russia and Belarus to the EU. As part of the European Union's fifth major sanctions package against Russia, trucks and container ships from these two countries have been banned from entering the EU since Saturday.
Oilseeds
Apr 14, 2022

Sesame seeds: new tender has been announced

NEW DELHI. South Korea has announced a new sesame seed tender and Indian exporters are hoping for a successful participation. Meanwhile, the summer crop has started to flower and should be available around June.
Oilseeds
Apr 13, 2022

Sunflower seeds: Kazakh experts are against further export restrictions

SOFIA/KYIV. Sowing is underway in Ukraine and the first fields have already been sown with sunflowers. Trade with shelled sunflower seeds has slowed down and the Kazakh Grain Union is explicitly against further export restrictions.
Oilseeds
Apr 13, 2022

Blue poppy seeds: drought in the Czech Republic continues

CHRUDIM. The severe drought in the Czech growing regions is likely to have a negative impact on this year's yields. Meanwhile, the first price indications for the new crop are making the rounds.
Oilseeds
Apr 13, 2022

Mustard seeds: experts predict massive losses

BRUSSELS/KYIV. The experts at APK-Inform have tried to make a forecast for Ukrainian oilseed production for the current year. Significant deficits are to be expected in mustard seed production in particular. Last year, mustard seed shipments from Ukraine to the EU had already declined.
Oilseeds
Apr 11, 2022

Pumpkin seeds: lower limit for farmgate prices

DALIAN. After the commodity prices for shine skins on the Chinese market dropped once again, traders now do not expect further price decreases.
Oilseeds
Apr 7, 2022

Sesame seeds: India loses market share in the EU

NEW DELHI. Due to possibly lower yields, the Indian sesame seed crop in Gujarat might not exceed significantly despite larger acreages. A lack of demand ensures largely stable prices. The latest EU import data, meanwhile, show how sharply India's sesame seed shipments plummeted last year.
Oilseeds
Apr 7, 2022

Flaxseed: export duties on Russian flaxseed announced

OTTAWA/MOSCOW. From May, Russian flaxseed exports outside the Eurasian Economic Union are to be taxed significantly. Canadian traders, meanwhile, hope to make a greater contribution to the international market again.
Oilseeds
Apr 6, 2022

Sunflower seeds: prices dip

SOFIA/KYIV. Although the Black Sea ports of Odessa and Mykolaiv are under attack, Ukraine is determined to step up the exports of agricultural products. Hullers in Bulgaria are able to offer lower sunflower seed prices. The EU has drastically reduced imports.
Nuts
Apr 5, 2022

Peanuts: difficulties are hard to assess

ATLANTA. Like most other agricultural commodities, the peanut market is facing problems such as the effects of the pandemic, transport difficulties and, last but not least, the Ukraine crisis. Above all, the global effects of the war are still difficult to assess at present.
Oilseeds
Apr 5, 2022

Blue poppy seeds: growers use rising demand to their advantage

CHRUDIM/ANKARA. As a result of the surprising increase in demand in the Czech poppy seed market, farmers could increase prices. Meanwhile, new forecasts for the 2022 crop are being made almost weekly.
Oilseeds
Apr 4, 2022

Pumpkin seeds: preparations for sowing are underway

DALIAN. In the second half of April, sowing for the coming crop starts in China and preparations are already in full swing. Meanwhile, buyers in the shine skin market are becoming more active again.
Oilseeds
Mar 31, 2022

Sesame seeds: larger acreage but lower yields

NEW DELHI/SEOUL. Indian exporters have sent most of their sesame seed shipments sold to South Korea in the last tender on their way. Demand from here should therefore be lower in the coming weeks, which should ensure stable prices. At the same time, concerns are spreading in the Indian sesame seed market.
Oilseeds
Mar 31, 2022

Flaxseed: shipments via detours

MOSCOW/OTTAWA. The flaxseed market is facing difficult times this season. Poor crops in Kazakhstan and Canada meant that buyers were mainly stocking up in Russia, where production was surprisingly good.
Oilseeds
Mar 30, 2022

Blue poppy seeds: many questions without answers

ANKARA/CHRUDIM. The Turkish blue poppy market is quiet, which is also reflected in prices. Czech market players, however, are plagued by uncertainties. Meanwhile, Germany's imports declined markedly year-on-year.
Oilseeds
Mar 30, 2022

Sunflower seeds: selling pressure causes price declines

SOFIA/BEIJING. In recent weeks, sunflower seed prices have increased considerably. Now buyers are holding back and hullers want to put pressure on growers.
Oilseeds
Mar 28, 2022

Pumpkin seeds: reduction of freight rates

DALIAN. Chinese suppliers report a noticeable drop in freight rates, which could even continue. Meanwhile, the large quantity of available shine skins is putting pressure on traders.
Oilseeds
Mar 24, 2022

Sesame seeds: India fears loss of pole position

NEW DELHI. In view of the current developments in the international sesame seed market, Indian market players fear losing their top position if not at least a certain amount of sesame seeds are produced. Demand remains low, which also affects prices.
Oilseeds
Mar 23, 2022

Mustard seeds: Czech exports increase significantly

OTTAWA/PRAGUE. Agriculture and Agri-Food Canada has maintained its crop forecast for the coming mustard seed season, but the expected average price has once again been significantly increased. Meanwhile, the Czech Republic's mustard seed exports have increased significantly compared to the previous year.