Romanian sunseed price finally exceeded last year level
Article author:
According to the price monitoring of UkrAgroConsult, Romanian sunseed gained USD 25/mt over the week of August 2-9 (FOB Constanta). Current price is now USD 10/mt higher y/y due to the weather risks.
In June-August, severe drought and excessive temperatures were in Romania. Crop conditions may gradually deteriorate; as soil drought of various intensity is now seen in almost all regions without irrigation. This reduces accumulations of dry matter and promotes small-diameter of sunflower heads with lower quality and yields.
Some farmers in the southern and eastern areas have already started sunseed harvesting.
Further development of the oilseed and vegoil sector in the Black Sea and Danube region will be discussed at the 10th International Conference BLACK SEA OIL TRADE on October 15th in Bucharest.
Join strategic discussions and networking with industry leaders and get a driving force for your business. Register with an Early Bird rate by August 15!
Read also
Palm oil prices are expected to continue rising after a short-term correction
Georgia reduced wheat imports in April
Brazilian soyabean oil exports jump 47% amid record crop and weak domestic demand
Zimbabwe plans new grain import levies to strengthen food security
Global vegetable oil production to hit record high again – USDA
Write to us
Our manager will contact you soon