Moldova has become the leader in sunseed exports to the EU

The dynamics of sunseed prices have recently undergone pronounced fluctuations against the background of adjustments in international demand. In Ukraine since the beginning of March, prices have been on a downward trend, with weekly decrease estimated at $7-10/t. The main factor was the decline in sunflower oil prices on world markets, which forced processors to adjust seed purchase prices.

At the same time, demand from Ukrainian processors remains relatively high, and producers refrain from selling large volumes, waiting for more favorable conditions. The latest sunseed indications in Ukraine were 535-545 $/t DAP (plant), while in Bulgaria prices remained in the range of 580-590 $/t, Agroexpert.md reported.

As for sunflower oil, at the beginning of March, prices for sunflower oil showed revival, but in the second week quotations began to decline by $5-10 $/t, reaching $1145 $/t FOB Ukraine. If the price of soybean oil continues to fall, it is quite possible that the sunflower oil price will also experience new negative corrections.

According to OleoScope, on 13.03.2025, the price for sunflower oil FOB Black Sea with delivery for March amounted to $1,080/t, which is $5/t lower than the previous value of 12.03.2025 ($1,085/t). This is the minimum value for the week.

In Moldova, sunflower seed prices fell sharply by 6% this week, dropping to $606/t. Prices peaked in February and farmers have been warned that supply will increase as spring farming begins, putting pressure on prices.

Another interesting trend is the increase in sunseed exports from Moldova to the European Union. While in the previous season the country was the leader in rapeseed exports, this season 60.5% of sunseed imports to the EU is accounted for by Moldova.

Analysts note that the market for oilseeds and oilseed products faces numerous uncertainties due to geopolitical and economic factors. Although low global production may support prices in the long term, adjustments in demand from processors and volatility in international markets will continue to influence prices.

Tags: sunseed, Moldova, Ukraine, export, EU, prices