Oilseeds - Oilseeds

Sunflower seeds: prices surge in Bulgaria

March 27, 2024 at 3:39 PM , Der AUDITOR
Play report as audio

SOFIA/BRUSSELS. EU countries reached a last-minute deal on Wednesday to the extend free trade with Ukraine until June 2025. Welcome as this news is, the stance towards Ukraine has hardened. In Bulgaria, the prices for sunflower seeds have risen sharply.

Last-minute compromise

Although the ambassadors of the EU member states agreed to extend the free trade with Ukraine until June 2025 in Brussels on Wednesday evening, the Commission was forced to make amendments to its January proposal. Issue is that tensions boiled over in April 2023 after Poland, Hungary and Slovakia issued overnight bans on several agricultural products coming in from Ukraine and Romania as well as Bulgaria followed suit. Background is that Russia's full scale invasion of Ukraine in February 2022 prompted Brussels to lift all tariffs and quotas o

View related articles

Go to the News Overview
Oilseeds
Apr 18, 2024
NEW DELHI. After the last tender from South Korea turned out to be a great disappointment for sesame seeds, things are looking much better in India in April. Question is in how far this will impact prices.
Oilseeds
Apr 15, 2024
DALIAN. Sowing is underway for pumpking seeds in China and will take about a month. Prices are on the decline.
Nuts
Apr 15, 2024
NEW DELHI/BUENOS AIRES. Traders and stockists are forced to sell peanuts at a loss in India. Issue is that rising temperatures may cause diseases to spread. Harvesting is in full swing in Argentina.
Oilseeds
Apr 11, 2024
OTTAWA/BRUSSELS. With the prospect of higher import tariffs for Russian flaxseed, European traders are worried about their business and fear massive price increases. Other growing countries such as India and Canada are coming into focus, but are not really an alternative for buyers at the moment.