Oilseeds - Oilseeds

Sunflower seeds: differing opinions on where prices are headed

March 11, 2021 11:32 AM, Der AUDITOR
Play report as audio

SOFIA. This season's high prices have stirred panic in the sunflower seed market. While some buyers reckon that there is worse to come, other opinions differ. With sowing about to start in Bulgaria, speculations over the new crop will set the agenda.

Bakery kernels are approaching price levels not witnessed since September 2012 when they climbed as high as EUR 1.28/kg due to considerable crop losses. Some buyers are nearly panicking as they reckon that prices will continue to rise next season. Others, however, think that there is a good chance that the price surge may be stopped. Much depends on the new crop and the response of the buyers to the current market situation.

Drastic surge anticipated

Market prices are certainly expected to continue to rise, with some suppliers in Bulgaria reporting that Bake

View related articles

Go to the News Overview
Oilseeds
Nov 25, 2021
NUR-SULTAN. Last week, the Asia Grains&Oils Conference took place in Kazakhstan. Market expert Evgeny Karabanov from the Kazakh Grain Union (KGU) presented the current estimates for the Kazakh Flaxseed crop of 2021.
Oilseeds
Nov 25, 2021
CHRUDIM. The Czech blue poppy seed market is quiet and price corrections comparable to those in the last weeks of last year are not to be expected. Enough raw materials should be available, although the partly low quality is emphasised again.
Oilseeds
Nov 24, 2021
SOFIA/KIEV. As Russia is currently not supplying any raw materials, Moldova is by far the most important third-country sunflower seed supplier for the EU. Both Russia and Ukraine were able to achieve very good crops this year. In Bulgaria, the high prices keep the market quiet.
Oilseeds
Nov 23, 2021
BEIJING. The Chinese pumpkin seed market is lacking demand, while speculators have had little success so far. The approaching Christmas holidays and Chinese New Year should ensure that there are only few price corrections in the export market.