Oilseeds - Oilseeds

Sunflower seeds: prices take seasonal turn

July 8, 2020 3:29 PM, Der AUDITOR
Play report as audio

SOFIA. Most of the Bulgarian suppliers avoid spot enquiries, and the few who still agree on doing them demand extremely high prices.

Spot prices on the rise

Buyers can currently only dream of spot prices below EUR 0.70 per kg DDP Germany. The summer break has found its way into many Bulgarian companies. This means that factories are maintaining and cleaning their machines and many workers have gone on holiday. This considerably reduces the processing capacities for prompt shipments and prices are climbing to EUR 0.73-0.78 per kg DDP Germany - and the trend is rising. The farmgate prices for black in-shells with a 98% purity, however, remain at the level of EUR 345 per metric tonne CPT Varna.

Sunflower seeds, Bulgaria

Type

EUR/mt

Hulled, bakery, DDP Germany, 2019 crop

730-780

Hulled, bakery, DDP Germany, 2020 crop

650-680

Unhulled, 98% purity, CPT Varna

345

Trade sources

New crop around EUR 0,10 per kg cheaper

In the next two weeks, dry weather is expected in the growing regions, but the slightly cooler temperatures could partially compensate for the lack of moisture. So far the new crop is developing well, but farmers are not willing to bow to the price pressure of buyers and are keeping prices higher. Bakery kernels from the new crop are currently traded at a level of EUR 650-680 per metric tonne DDP Germany.

View more information
price chart, sunflower kernels, bakery, Eastern Europe
price chart, sunflower seeds, black, unhulled, Bulgaria
more price charts

Attached Files

File icon
price chart sunflower kernels, hulled, bakery
File icon
price chart sunflower seeds, unhulled, black

View related articles

Go to the News Overview
Oilseeds
Jan 20, 2022
SOFIA/BEIJING. Good domestic demand before the Chinese New Year ensures persistently high prices for Chinese sunflower seeds. In the Eastern European market, high prices are again causing a lack of buying interest.
Oilseeds
Jan 19, 2022
PRAGUE/ANKARA. The Czech blue poppy seed market is still quiet after the beginning of the new year. November exports were significantly better than the year before and contrast strongly with the weak results of the previous two months.
Oilseeds
Jan 17, 2022
DALIAN. Chinese New Year is approaching and is drawing the attention of traders. In addition to the upcoming holidays, coronavirus outbreaks in some cities could, according to market players, lead to trading activity being curbed further.
Oilseeds
Jan 13, 2022
NEW DELHI. As prices in India are firm and highly competitive suppliers stand a good chance in the new sesame seed tender from South Korea. The market expects the tender to be issued at the end of January.