Oilseeds - Oilseeds

Sunflower seeds: high prices fail to put off buyers

October 20, 2021 3:39 PM, Der AUDITOR
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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

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