Price: €11.00
Member Price: €0.00

Sunflower seeds: new export duty as master plan

January 25, 2023 at 3:47 PM , Der AUDITOR
Play report as audio

SOFIA/NUR-SULTAN. Kazakhstan will impose a new export duty on sunflower seeds as of February. Although prices are firm in Europe, the market is concerned over the anticipated supply squeeze towards the end of the season.

Deficit of 9 million mt

Bakery kernels and inshells are trading firm despite the market being rather subdued. Issue is that prices are already relatively low.

Global supplies are also expected to run low in the final months of the season, which is why Kazakhstan will implement an export duty on sunflower seeds over 20% and no less than EUR 100/mt as of February as APK Inform reports. In a second step the Ministry of Trade intends to impose a tariff quota allowing a certain amount of seeds to be exported before the duty applies. This quota will depend on the

View related articles

Go to the News Overview
Grains
Apr 25, 2025
BRUSSELS. Rain has improved conditions for wheat. Ukraine’s corn exports have slumped by 20%. US soybeans are holding up surprisingly well. With the euro hitting a three-and-a-half-year high against the US dollar rapeseed quotations have tumbled.
Oilseeds
Apr 24, 2025
OTTAWA/ASTANA. Russia is once again banning flaxseed imports from Kazakhstan. Traders report delays in deliveries from the origin. Canadian farmers could expand their sowing this year.
Oilseeds
Apr 24, 2025
OLOMOUC. Although the official cultivation forecast is still pending, it can currently be assumed that sowing in the Czech Republic will be higher than last year. However, the low rainfall in recent months could reduce yields.
Oilseeds
Apr 23, 2025
SOFIA/BUENOS AIRES. Larger acreages and higher yields are ensuring good crop results in Argentina. In Ukraine, sowing is progressing much more slowly than last year.