Bulgaria. Oilseeds prices followed global price growth

02.02.2017

An upward trend has been observed in the Bulgarian sunseed market since the latter half of December 2016. The trade is sluggish due to limited supply from growers. Buyer demand remains strong enough, reports UkrAgroConsult.

As of January 26, 2017, sunseed prices in Bulgaria averaged USD 385/MT against USD 377/MT a week earlier.

The Bulgarian rapeseed market moved following global price growth last week.  Additionally, prices are supported by short rapeseed supply. As of January 26, 2017, the average price was up at USD 390/MT against USD 387/MT a week earlier and above last year’s level of USD 387/MT.

The export oilseed trade features a slowdown in shipments.

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 and Oil" and "Online market review" by UkrAgroConsult.

 

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