It's a good time to buy Sunflower!
The demand for export and the domestic use is slow in Bulgaria the last few weeks. Processors are fulfilling their older contracts but it’s hard to get new sales in the books.
Prices are at low levels and because the quantities availible are good, we don’t expect any big changes during the next weeks.
New processers and local traders offing without profits in order to get new customers bring big compertition. Raw sunflower seeds were traded last week at USD 330-340/mt. We see current market levels for hulled processed kernels today at EUR 580-600 ex works. Broken kernels are traded at EUR 490-510 ex works.