Sunflower seeds: prices take seasonal turn

July 8, 2020 at 3:29 PM , Der AUDITOR
Play report as audio

SOFIA. Most of the Bulgarian suppliers avoid spot enquiries, and the few who still agree on doing them demand extremely high prices.

Spot prices on the rise

Buyers can currently only dream of spot prices below EUR 0.70 per kg DDP Germany. The summer break has found its way into many Bulgarian companies. This means that factories are maintaining and cleaning their machines and many workers have gone on holiday. This considerably reduces the processing capacities for prompt shipments and prices are climbing to EUR 0.73-0.78 per kg DDP Germany - and the trend is rising. The farmgate prices for black in-shells with a 98% purity, however, remain at the level of EUR 345 per metric tonne CPT Varna.

Sunflower seeds, Bulgaria

Type

EUR/mt

Hulled, bakery, DDP Germany, 2019 crop

730-780

Hulled, bakery, DDP Germany, 2020 crop

650-680

Unhulled, 98% purity, CPT Varna

345

Trade sources

New crop around EUR 0,10 per kg cheaper

In the next two weeks, dry weather is expected in the growing regions, but the slightly cooler temperatures could partially compensate for the lack of moisture. So far the new crop is developing well, but farmers are not willing to bow to the price pressure of buyers and are keeping prices higher. Bakery kernels from the new crop are currently traded at a level of EUR 650-680 per metric tonne DDP Germany.

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, bakery
File icon
price chart sunflower seeds, unhulled, black

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.