Bulgaria. Harvesting progress pressured sunseed prices

20.10.2017

No substantial changes took place in the domestic oilseed market of Bulgaria last week. Prices flattened out to some degree owing to strengthening of the national currency. Export shipments of sunseed and rapeseed closed the week with an increase, reports UkrAgroConsult.

The sunseed harvest progress and yield are ahead of last year by 6.6% and 1.8%, respectively. This is still the main factor pressuring prices within the country. Purchase prices for sunseed remained at BGN 541/MT that is equivalent to USD 326/MT (up USD 2/MT), while those for rapeseed stay at BGN 667/MT (USD 402/MT, or up USD 3/MT).

More information on price behavior on oilseeds/vegoils market in the countries of Black Sea region is available to subscribers for weekly market report "Black Sea Vegoils + CIS" and "Online market review" by UkrAgroConsult.

 

UkrAgroConsult

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