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Blue poppy seeds: prices set to decline in 2021

November 19, 2020 10:01 AM, Der AUDITOR
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CHRUDIM/ANKARA. With only a few weeks to go go until Christmas blue poppy seed traders in the Czech Republic are no longer reckoning with any shifts in prices. The situation will, however, change after the turn of the year.

Low prices fail to boost demand

Reference prices remain firm at EUR 1.90/kg FCA Czech Republic. Cheaper offers are, however, also being issued. Traders reckon that they will stand better chances in Eastern Europe with prices ranging below EUR 2.00/kg. The recent declines in price have, however, failed to boost demand so far. This should change next year as prices are expected to decline further. New impulses will certainly not occur before the market closes for Christmas.

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