Oilseeds - Oilseeds

Sunflower seeds: high prices cause slump in demand

November 10, 2021 at 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
Oilseeds
Jul 18, 2024
CHRUDIM. Czech poppy farmers have sown a good 10,000 ha more this year than in the last two years. This raises hopes of a good crop, even though there are still concerns that the hot and dry temperatures could have a negative impact.
Oilseeds
Jul 18, 2024
NEW DELHI. Indian sesame seed traders are struggling with high competitive pressure. Meanwhile, the sesame seed tender expected at the beginning of July has been delayed by a few weeks.
Oilseeds
Jul 18, 2024
OTTAWA/BRUSSELS. Good crop prospects in Canada are putting pressure on mustard seed prices. Buyers are still holding back on enquiries.
Oilseeds
Jul 17, 2024
SOFIA/KYIV. Heat and drought are causing problems for sunflower seed fields in parts of Europe. Downward corrections to the previously good crop forecasts are to be expected.