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
Aug 11, 2022
NEW DELHI/ISLAMABAD. Indian traders see Pakistan as the biggest competitor this season as the crop there is expected to be 40% higher than last year. The palm oil market continues to put pressure on prices.
Oilseeds
Aug 10, 2022
BUDAPEST/CHRUDIM. While crop estimates in the Czech Republic have improved slightly compared to earlier forecasts, the mood on the Hungarian blue poppy seed market has reached zero. Meanwhile, the new EU regulation is causing concern among market players in all growing countries.
Oilseeds
Aug 8, 2022
DALIAN. In the Chinese growing regions, the harvest will start in the coming days and the farmers are in the middle of preparations. However, the shine skin growers in particular are facing various difficulties.
Oilseeds
Aug 4, 2022
NEW DELHI. Although the prices for sesame seeds are rising continuously in India, they are not high enough for traders. Black sesame seed supplies are running low driven by an upsurge in demand in China.