Sunflower seeds: raw material shipments from Russia decrease

January 28, 2021 at 4:45 PM , Der AUDITOR
Play report as audio

SOFIA/MOSCOW. According to European Commission data, between 1 July 2020 and 24 January 2021, the EU imported a total of 679,000 mt of sunflower seeds from...

... third countries - of which 40.4% or 274,316 mt came from Russia. This means that weekly imports from Russia have fallen to 2,500 mt since the turn of the year; in the second half of 2020, weekly shipments were still around 10,000 mt. To protect the domestic market, the Russian government raised the export duty on sunflower seeds to 30% in early January. Meanwhile, the state statistics service Rosstat confirmed the year-on-year decline of sunflower seed supplies in the hands of agricultural enterprises by 33% to 1.49 million mt as of the end of December 2020.

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.