Oilseeds update: slump in blue poppy seed prices

January 14, 2021 at 3:13 PM , Der AUDITOR
Play report as audio

FRANKFURT. Monitoring of the oilseed sector with day-to-day price comparisons.

Sluggish demand is keeping the prices for sunflower bakery kernels at bay in Bulgaria, despite a surge in raw material prices prompted by a supply squeeze. The situation is more diverse in the blue poppy seed market. Exporters in Turkey have raised their prices, while traders in the Czech Republic are having difficulties selling their supplies. The warehouses are full. Suppliers have again cut their prices and a rise in prices appears to be out of the question this season. Traders reckon that prices will at best remain firm.

View related articles

Go to the News Overview
Grains
Nov 1, 2024
BRUSSELS. Russia’s failed attempt to drive up wheat prices has slowed shipments. Ukraine’s corn exports are 18% up. Rain has prompted sowing to gain pace for soybeans in Brazil and Argentina. Rumour has it that China will slash retaliatory tariffs on Canada's canola.
Oilseeds
Oct 31, 2024
OTTAWA. Although the Canadian flaxseed crop is smaller than in recent years, market players are currently reporting high demand from China. The EU could also be an interesting sales market this season if the export potential was not limited.
Oilseeds
Oct 31, 2024
OTTAWA. The Canadian mustard seed harvest has so far resulted in lower yields than initially hoped for, but the crop result remains significantly better than in previous years.
Oilseeds
Oct 30, 2024
SOFIA/DALIAN. Disappointing crops in the European sunflower seed market are driving some suppliers to take drastic measures. In the Chinese market, however, the new crop is causing prices to fall.