Oilseeds - Oilseeds

Blue poppy seeds: spot offer prices continue to decline

July 13, 2020 1:11 PM, Der AUDITOR
Play report as audio

CHRUDIM. The new crop is approaching and while farmers and traders are still cautiously testing the market, export prices for old supplies are coming under increasing pressure.

Old crop again more favourable

Buyers focus on the new crop and are hardly interested in spot purchases. In order to keep the overstock supplies as low as possible, farmers and traders are regularly reducing the prices for 2019 goods. Meanwhile, blue poppy seeds, <10 ppm morphine are available from EUR 2.29 per kg FCA Czech Republic and thus about EUR 0.30per kg cheaper than just a few weeks ago.

The willingness to lower prices suggests that there are still no negative reports regarding the coming crop. Nevertheless, traders are holding back with offers in the hope of being able to conclude a few more spot sales. At a level of a good EUR 2.00 per kg FCA Czech Republic, the price indications for the new crop are significantly lower than the current market prices.

Blue poppy seeds, Czech Republic

Type

EUR/kg

<10 ppm morphine, FCA CZ, 2019 crop

2.29

<10 ppm morphine, FCA CZ, 2020 crop

2.04

Trade sources

View more information
price chart, blue poppy seeds, Czech Republic
price chart, blue poppy seeds, Turkey
more price charts

Attached Files

File icon
price chart blue poppy seeds, Czech Republic
File icon
price chart blue poppy seeds, Turkey

View related articles

Go to the News Overview
Oilseeds
Dec 2, 2021
OTTAWA/NUR-SULTAN. The current flaxseed report from Agriculture and Agri-Food Canada does not bring any relief. In Eastern Europe, flaxseed prices have stabilised at their high level.
Oilseeds
Dec 2, 2021
CHRUDIM. The upcoming Christmas holidays reduce trading activity in the Czech blue poppy seed market, but this does not affect prices. According to initial information, next year's acreage could be similar to 2021.
Oilseeds
Dec 1, 2021
SOFIA/BEIJING. At the end of November, Eurostat again published an adjusted estimate for the EU sunflower seed crop. In China, high domestic buying interest, but also increased export demand are causing prices to rise.
Oilseeds
Dec 1, 2021
NEW DELHI. Market players report a significant decline in the sesame seed crop in India, which is why exporters are gradually having to part with their stocks. India was able to win a large part of the current tender.