Oilseeds - Oilseeds

Sunflower seeds: producers dread high energy costs

January 13, 2022 at 11:50 AM , Der AUDITOR
Play report as audio

SOFIA. Hopes that the sunflower seed market will experience a short period of stability after last year’s surge in prices are currently being shattered in Bulgaria as electricity prices are about to skyrocket. Local traders state that this will dwell producers a heavy blow. Energy prices have surged in Europe in recent months leaving several small and medium-sized businesses to struggle.

March spells disaster in Bulgaria

Private households and businesses are struggling with high gas and electricity prices throughout Europe. Although locally produced electricity prices are still relatively cheap in Bulgaria, local media report that several companies buy electricity in the international market, where prices have soared in recent months. The hike in energy prices has not hit private household in Bulgaria as yet since the National Assembly imposed a moratorium on the prices for electricity and central heating in December which will last until March. Pro

View related articles

Go to the News Overview
Oilseeds
Jun 19, 2024
SOFIA/KYIV. Market players are focussing on the new crop. However, traders remains cautious in the hope of price reductions.
Oilseeds
Jun 19, 2024
ASTANA/MOSCOW. Experts are confident that the flaxseed crops in Kazakhstan and Russia will exceed last year's level. China is increasingly turning into Kazakhstan's most important trading partner.
Oilseeds
Jun 18, 2024
OTTAWA/KYIV. Experts are expecting a decline in acreage in Canada. However, favourable weather conditions have benefited yields so far, but there are also reports of damage caused by flea bugs.
Nuts
Jun 17, 2024
NEW DELHI/ATLANTA. The Brazilian peanut crop is significantly lower this season than in the last two years. This in turn plays into the hands of Argentinian exporters. In India, sowing for the new crop is about to start.