Oilseeds - Oilseeds

Sunflower seeds: high prices cause slump in demand

November 10, 2021 4:54 PM, Der AUDITOR
Play report as audio

SOFIA. In addition to the slack period in the sunflower seed market in the run-up to Christmas, the still horrendously high prices are the main reason for low demand. In terms of EU import figures, Russia's absence as a supplier is becoming increasingly noticeable.

Hardly any demand

While the pre-Christmas period in other markets ensures that demand once again increases significantly, the sunflower seed market tends to be more quiet at this time. This year, however, this is not only due to the fact that sunflower seeds are not a classic Christmas ingedient and the traders and transport companies give priority to other products, but above all to the price situation. Buyers hesitate, while farmers can sit back and relax. Thanks to subsidies, they are not dependent on early sales. Market players do not expect price

View related articles

Go to the News Overview
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.
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.
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.
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.