Oilseeds - Oilseeds

Sunflower seeds: high prices fail to put off buyers

October 20, 2021 at 3:39 PM , Der AUDITOR
Play report as audio

CHIȘINĂU/SOFIA. The rising prices for oilseeds continue to drive up the sunflower seed market in Eastern Europe. Traders in Moldova report that demand for bakery kernels is, nevertheless, high. This is also reflected in recent EU import data.

Spot market boom

Buyers are mainly interested in prompt shipments and contracts for bakery kernels only tend to run for one or two months at the most. Advantage is that spot sales provide traders and hullers with instant cash, which they can then immediately invest in buying more raw seeds. The only small risk that remains is if the market should turn in an unexpected direction. 

Demand is particularly high in Moldova with traders reporting that the current high prices have left buyers undeterred. This situation is certainly reflected in recent EU impor

View related articles

Go to the News Overview
Oilseeds
Mar 28, 2024
BRUSSELS/MOSCOW. Brussels issued a first proposal for increased import tariffs on Russian and Belarusian grain products on Friday. This will undoubtedly have an impact on the prices within the EU for flaxseed.
Oilseeds
Mar 27, 2024
SOFIA/BRUSSELS. EU countries reached a last-minute deal on Wednesday to the extend free trade with Ukraine until June 2025. Welcome as this news is, the stance towards Ukraine has hardened. In Bulgaria, the prices for sunflower seeds have risen sharply.
Oilseeds
Mar 27, 2024
NEW DELHI/GARSTEDT. Production prospects are much better for psyllium in India than last year, despite the heavy rains witnessed at the start of March. Price fluctuations will also be less of an issue.
Nuts
Mar 25, 2024
NEW DELHI. With Holi, the Hindu Festival of Colours, Love and Spring, being celebrated on 25 March peanuts should have taken a sharp downturn. Yet, China caused things to play out differently. Suppliers are waiting to ship the new crop in Tanzania and sales are already underway in the USA and Brazil.