Bulgarian factories buy sunflower seeds at $70 more expensive than in Ukraine
The market for sunflower seeds and its processed products remains inactive at the moment. At the same time, the stabilization of sea logistics gives market participants confidence in the sale of processed products, which over time may stimulate more aggressive purchases of sunflower, Spike Brokers reports.
Currently, the price of sunseed without VAT with delivery to factories in central Ukraine is $ 550-560 / t in equivalent, while factories in Bulgaria are already purchasing sunflower at prices of $ 620-630 / t, which looks attractive taking into account the cost of logistics.
“The increase in energy prices in Ukraine remains a key factor in the growth of the cost of sunflower processing, which in the current season will limit the purchase prices of processing plants,” the brokers note.
The spot price index for sunflower seeds with delivery for processing within 30 days decreased by $ 4 with VAT – to $ 642.
Read also
Coming Up in UkrAgroConsult Reports: Key Market Signals
Südzucker expects sugar prices to recover as EU supply tightens
Delays in edible oil shipments could force Ukrainian oilseed crushing plants to sh...
Ukraine resumes sunseed exports to Bulgaria after September pause
Black Sea grain surplus could trigger a collapse in global prices once ports reopen
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon