Price of Romanian sunseed heads towards the all-time high

Source:  UkrAgroConsult
Author:  Olena Hesova
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UkrAgroConsult

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Prices for Romanian sunseed are gradually increasing, due to exceptionally high demand from Turkey, purchasing it from the Black Sea region after a poor domestic harvest.

This situation is compounded by regional shortages, logistical difficulties in Ukraine, which usually exports sunoil to the EU countries and intense competition between local Romanian processors and exporters for limited supplies. Despite all this, Romanian sunseed export pace exceeds historical averages. In that case, maybe Romanian market may find some relief from supplies from Argentina?

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