Black Sea region has quite large stocks of sunseed

Against the backdrop of sunflower oil losing its position in the consumer market, it is absolutely clear that there will be no shortage of sunflower seeds on a global scale by the end of the season.

This was stated by Serhiy Repetsky, a partner at Sunstone Brokers (Switzerland), during an online meeting of the High Oleic Club 2025.

According to him, in the main sunflower-producing countries of the Black Sea region, stocks are currently at last year’s level, but at the same time, the price spread between sunflower and other oils is much higher, and demand has significantly decreased.

Among the key factors affecting the price of sunflower seeds and oil, the analyst named the Russian ruble exchange rate, farmer sentiment, and weather.

“Sunflower oil from Argentina was offered to the Indian market at the end of March at $1,175/t, which is significantly cheaper than the price of oil from the Black Sea region for Turkey, which is $20 higher. But the demand that is currently in Turkey will soon decrease, since the country has a certain quota until April 30 for the import of sunflower oil and sunseed with a reduced duty. I think that after April 10, neither oil nor sunflower will be needed in Turkey,” noted Serhiy Repetsky.

Tags: Ukraine, Russia, Black Sea region, sunseed