Oilseeds - Oilseeds

Sunflower seeds: producers dread high energy costs

January 13, 2022 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
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.
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.
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.
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.