Bulgaria. Bulling trends on sunseed market continued last week

22.02.2018

Domestic sunseed prices in Bulgaria remained at last week’s level of BGN 553/MT. The strengthening of the national currency has brought up prices in dollar terms to USD 351/MT (up USD 4/MT). However, tight supply featuring the first months of the current year still keeps prices at the highest level since the beginning of MY 2017/18, reports UkrAgroConsult.

Traders remain steadily interested in sunseed purchases. Roughly 0.4 KMT of sunseed has been exported outside the EU over the past week. As before, the top non-EU destination was Turkey. This season’s exports of sunseed are still up 54% year-on-year.

No price targets are set in the rapeseed market, as no offers of the commodity are available there. 14% less rapeseed has been exported this season than a year ago.

 

UkrAgroConsult

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