Price corrections are foreseeable
In the Czech market, blue poppy seed prices have stabilised at a level of EUR 1.90/kg FCA. Market players reckon that prices will decline after the turn of the year. In order to be able to sell the largest crop of the last few years (29,000 mt) despite the weak demand due to the coronavirus pandemic, traders and producers will not be able to avoid further price reductions.
Trading activity in the Turkish poppy seed market also leaves much to be desired, but for the time being prices are still holding steady at the