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Sunflower seed kernels: Shipments speak a clear language

November 8, 2016 at 8:52 AM , Der AUDITOR
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SOFIA. Above average temperatures and occasional rainfall are having farmers look hopefully towards the winter harvest. Although sunflower seed kernel traders are not really sure about how to deal with their situation.

A breather for raw sunflower seed kernels
The Bulgarian sunflower seed kernel crop 2016 is as good as done. Most recent reports state that 1.69 million mt of sunflower seed kernels were harvested by the end of October. The new crop combined with carry-overs of 540,000 mt makes a supply of about 2.23 million mt available for the season 2016/17. Since no larger exports were registered in the ports in the last week, prices are stable at 348 EUR/mt CPT Varna with a slight downward tendency, contrary to forecasts of two weeks ago. 

sunflower seed kernels, Eastern Europe

type

EUR/kg

bakery, DDP Germany

0.720

raw seeds, CPT Varna

0.348

oilseed, Budapest Stock Exchange

0.338 

Bakery prices stable
Seemingly out of their depth with the development of raw sunflower seed prices from Varna, suppliers have stabilised their prices for sunflower seed kernels, bakery. Currently, their prices are at 645-650 EUR/mt FCA.

Attached Files

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sunflower kernels, hulled, bakery, 99.95%, 1.1 - 0.5

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