Sunflower seeds: Promising production slows down willingness to buy

August 7, 2019 at 11:06 AM , Der AUDITOR
Play report as audio

SOFIA/KIEV. Heavy rains have damaged property in the north of Bulgaria. Fortunately, the sunflower fields appear to have been spared. In addition, the forecasted warm and sunny weather should provide ideal conditions for harvesting.

 

Subdued demand creates pressure

Trading activities are very much subdued. Black new crop in shells,  with a 96% purity are trading for EUR 0.29 per kg CPT Varna. Depending on quality and supplier, hulled bakery kernels from the new crop range between EUR 0.63 and 0.64  per kg DDP Germany with further downward pressure. Many buyers are still on holiday and defer buying since the production prospects are hgihly encouraging. This adds pressure to the market. As reported by the Ukrainian statistics service, stocks were estimated around

View related articles

Go to the News Overview
Nuts
Nov 25, 2024
NEW DELHI/BUENOS AIRES. Prices for Indian peanuts are currently volatile and there is disagreement as to whether they will rise or fall in the coming weeks; both seem possible. Argentine market players are facing numerous challenges.
Grains
Nov 22, 2024
BRUSSELS. With the war in Ukraine taking new terrible turns concerns are growing that wheat and corn will be impacted. Rumour has it that France exported much more wheat to Morrocco than official figures suggest. US soybean exporters depend much less on China than one may think. Euronext rapeseed futures have slipped.
Oilseeds
Nov 21, 2024
NEW DELHI/BRASÍLIA. India's sesame seed exports increased significantly in volume terms in October 2024, while the export value rose only moderately due to lower prices. Despite a smaller crop, the recent price declines could be only temporary.
Oilseeds
Nov 21, 2024
CHRUDIM. Larger acreages and higher yields have significantly increased the Czech blue poppy seed crop this year. This has ensured that prices have become noticeably more favourable again compared to previous years.