Bulgaria. Oilseeds market remained relatively stable last week

12.10.2017

Bulgaria’s oilseed markets featured stability during past week, but dollar prices fell again because of currency exchange differences. So, purchase prices for sunseed remained at BGN 541/MT that is equivalent to USD 324/MT (down USD 2/MT). Rapeseed purchase prices stayed at BGN 667/MT that is equivalent to USD 399/MT (down USD 4/MT), reports UkrAgroConsult.

The sunseed harvest has entered its final stage with a 1.8% higher yield level than last year. This factor is pressuring prices despite active export shipments (up 58.1% year-on-year) and strong demand for the feedstock. According to current data, rapeseed exports still lag behind last year. The domestic trade is slacker.

More information on price behavior on grain market in the countries of Black Sea region is available to subscribers for weekly market report "Black Sea Grain & Oil" and "Online market review" by UkrAgroConsult.

 

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