Oilseeds - Oilseeds

Sunflower seeds: bleak prospects in Bulgaria

August 3, 2022 at 4:10 PM , Der AUDITOR
Play report as audio

SOFIA/BEIJING. With the political-economic situation being far from stable, the outlook is rather bleak for Bulgaria's sunflower seed market. Acreage has also declined in China this year.

Farmers take to the streets

Farmers have took to the streets in Bulgaria to protest against the continuous decline in prices in recent weeks and to urge the government to act. The high volumes of sunflower seeds imported from Ukraine have exacerbated the problem and more ships arrived in the port of Varna the end of July. Trouble is that inflation coupled with high energy costs have hit Bulgaria hard prompting the population to lose faith in Kiril Petkov's government, which collpased in June.

President Rumen Radev has now called a snap election for 2 October

View related articles

Go to the News Overview
Oilseeds
May 22, 2024
SOFIA/KYIV. The dwindling commodity supplies are causing sunflower seed prices in Bulgaria to rise. In Ukraine, sowing is around 90% complete.
Oilseeds
May 22, 2024
OTTAWA/MOSCOW. Canada's mustard seed crop is benefiting from favourable weather conditions. Exporters are also hoping for increased demand from the European Union.
Nuts
May 22, 2024
NEW DELHI/BUENOS AIRES. India has started exporting the summer crop and international buyers can secure attractive offers here. In North and South America, the situation is partially very tense, which is mainly due to the shortage of goods.
Oilseeds
May 21, 2024
DALIAN. Prices on the Chinese pumpkin seed market continue to fall due to a lack of demand. Meanwhile, freight rates are soaring again.