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Oilseeds update: traders promote agressive sales

May 28, 2020 at 3:46 PM , Der AUDITOR
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FRANKFURT. Monitoring of the oilseed sector with day-to-day price comparisons.

Although many pumpkin seed suppliers in China were reluctant to sell, reports over a sharp rise in Shine Skin sowing coulped with subdued demand have prompted them to act more aggressively. Warehouses need to be cleared to make space for the new crop, not least because of the storage costs. Prices have dropped drastically since last week.

Reports on trading activities differ greatly in the sunflower seed market as shift in demand has been observed. While some traders report that there are only few enquiries for spot purchases and that release orders are being postponed, other traders report a sharp rise on release orders. The issue in Germany, for instance, is that demand has shifted away from local bakeries to supermarkets and industrial bakeries have stepped up production to meet retail demand. Depending on the supplier, Bakery kernels are currently trading in a range of EUR 0.720-0.755 per kg DDP Germany, depending on supplier.

 

Oilseeds, 28.05.2020

prompt

 

Sesame seeds, India

EUR/kg

+/-

Parity

Sesame seeds, unhulled

1.270

0.00%

CIF Hamburg

Sesame seeds, hulled, mechanically dried

1.470

0.00%

CIF Hamburg

Sunflower kernels, Eastern Europe

 

 

 

Sunflower kernels, hulled, bakery, 2019 crop

0.720

-1.37%

DDP Germany

Sunflower raw seeds, WS

0.353

2.92%

CPT Varna

Pumpkin kernels, China

 

 

 

Pumpkin kernels, GWS, grade A

2.349

0.00%

CFR Hamburg

Pumpkin kernels, GWS, grade AA

2.458

0.00%

CFR Hamburg

Pumpkin kernels, shine skin, grade A

2.513

0.00%

CFR Hamburg

Pumpkin kernels, shine skin, grade AA

2.957

0.00%

CFR Hamburg

Flaxseed, Eastern Europe

 

 

 

Flaxseed, brown, 99.9% purity

0.620

3.33%

DDP Germany

Blue poppy seeds

 

 

 

Blue poppy seeds, < 25 ppm, Czech Republic, 2019 crop

2.740

0.00%

DDP Germany

Blue poppy seeds, < 25 ppm, Turkey, 2019 crop

3.039

0.00%

CFR Hamburg

Please note that the prices indicated above are for reference only.

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