Oilseeds - Oilseeds

Sunflower seeds: little optimism despite promising forecasts

June 16, 2021 at 2:13 PM, Der AUDITOR
Play report as audio

SOFIA/KIEV. A record acreage in Ukraine and favourable weather conditions are boosting yield forecasts for the coming season. Bulgarian sunflower seed traders, however, remain cautious and shy away from taking risks.

Restraint continues

Driven by fears of profit slumps and losses, many sunflower seed traders are extremely cautious when it comes to offers for the new crop. While a lot can still happen in the coming weeks until the harvest starts, some market players are currently more confident than others that sunflower seed production should be significantly better than in 2020. "There is a lot of tension about the new crop," says a Bulgarian sunflower seed trader, "most suppliers are confused and refuse to give offers." Traders who are willing to offer prices are&nbs

View related articles

Go to the News Overview
Grains
Feb 3, 2023
BRUSSELS. EU wheat imports have nearly tripled to 4,968 million mt. Exports are also 7.7% up at 18.8 million mt. The war in Ukraine, however, continues to overshadow the entire grain market. China is also a key figure for corn. Developments in South America are crucial for soy and the showdown between Indonesia and the EU is impacting rapeseed.
Oilseeds
Feb 2, 2023
NEW DELHI. The Indian sesame seed market saw massive price increases, and yet traders believe that a tender participation should not be in vain.
Oilseeds
Feb 2, 2023
KYIV/DALIAN. For the EU border states as well as for the Ukrainian industry, the massive export increases hold new challenges. Meanwhile, experts are optimistic about the 2023 crop.
Oilseeds
Jan 30, 2023
DALIAN. There are reports from the Chinese market that speculators, who are hoarding a huge part of the shine skin supplies in their warehouses, are ready to sell large quantities. If this were to happen, it would have a significant impact on prices.