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Blue poppy seeds: Easter fails to revive demand

March 23, 2023 at 9:05 AM , Der AUDITOR
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CHRUDIM. Although Easter is only two weeks away, the demand for blue poppy seeds is still very low in the Czech Republic. Prices have declined a bit and sowing is underway.

Nominal price declines

Traders state that sufficient supplies of blue poppy seeds estimated at 7,000 mt are available in the Czech Rebuplic. This did not stop some producers from trying to drive up prices, luckily without success. Although Easter has only driven up demand a bit, prices are relatively firm. Buyers in the euro area are, however, profitting from exchange rate fluctuations. Although prices have by no means reached a turning point, farmers are not prepared to accept lower prices.

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