Uncertainty supports prices
Judging by the area sown production should range higher than last year in Bulgaria. Excessive heat and drought may, however, spell disaster, although supplies suffice at present. This is also partly due to the steady flow of sunflower seeds from Ukraine, which exports large volumes to the EU every week. The country nearly shipped 130,000 mt to the EU in the last three months.
Yet, the continuing war is generating a high degree of uncertainty in the market. Suppliers, therefore, prefer to wait before issuing offers for the new crop