Free of charge

Sunflower seeds: surge in demand is followed by a lull

April 29, 2020 at 3:51 PM , Der AUDITOR
Play report as audio

SOFIA. Market players are watching the weather in the Bulgarian growing regions with concern. The coming days are expected to be largely free of rainfall and there might be temperatures above 30 °C over the weekend.

Sufficient soil moisture is, however, indispensable for a good development of the newly sown crops. Other parts of Europe are also too dry. For example, the water level in some Ukrainian rivers is at a historic low.

Commodity prices remain stable

Bulgarian sunflower seeds resist the general downward trend in the vegetable oil market. Stable domestic demand and increased buying interest from Turkey fix the quotations for black in-shells with a 96% purity at a level of EUR 353 per metric tonne CPT Varna.

Favourable offers from old contracts

Good customer demand and the fear of supply bottlenecks in recent weeks have ensured that many buyers have brought forward contract deliveries in order to cover their long-term requirements. However, some are now facing the problem that they have supplies in stock for which they cannot find buyers so quickly. As a result, they are postponing some of the recently requested deliveries. The market prices for bakery kernels have stabilized at a level of EUR 0.75-0.77 per kg DDP. Occasionally, Western European traders also offer prices starting at EUR 0.73 per kg DDP Germany, which are obtained through goods from favourable long-term contracts.

Sunflower kernels, Eastern Europe

Quality

EUR/mt

Hulled, bakery, Bulgaria, DDP Germany

750-770

Unhulled, 96% purity, Bulgaria, CPT Varna

353

Hulled, bakery, Ukraine, DDP Germany

750

Trade sources

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, Eastern Europe
File icon
price chart sunflower seeds, unhulled, black, Bulgaria

View related articles

Go to the News Overview
Grains
Apr 25, 2025
BRUSSELS. Rain has improved conditions for wheat. Ukraine’s corn exports have slumped by 20%. US soybeans are holding up surprisingly well. With the euro hitting a three-and-a-half-year high against the US dollar rapeseed quotations have tumbled.
Oilseeds
Apr 24, 2025
OTTAWA/ASTANA. Russia is once again banning flaxseed imports from Kazakhstan. Traders report delays in deliveries from the origin. Canadian farmers could expand their sowing this year.
Oilseeds
Apr 24, 2025
OLOMOUC. Although the official cultivation forecast is still pending, it can currently be assumed that sowing in the Czech Republic will be higher than last year. However, the low rainfall in recent months could reduce yields.
Oilseeds
Apr 23, 2025
SOFIA/BUENOS AIRES. Larger acreages and higher yields are ensuring good crop results in Argentina. In Ukraine, sowing is progressing much more slowly than last year.