Bulgaria. Sunflower prices were under pressure of significant stocks and new crop supply

15.09.2016

Domestic sunflower seed market remained active during the reporting week. As UkrAgroConsult expected earlier, prices started to decrease, and a sharp decline in average price by BGN 35/MT without VAT was observed.

This is due to the increased supply of sunseed from the new crop and significant stocks of sunseed from the old crop. UkrAgroConsult expects that downward trend will be seen during the next week.

The second week in a row rapeseed is actively sold on the domestic market. As of September 05, 2016 the average price in the country increased slightly and reached BGN 665/MT without VAT against BGN 658/MT without VAT last week.

More information on sunflower seed/sunoil market in Bulgaria is available to subscribers for weekly market report "Black Sea Vegoils & CIS" and "Online market review" by UkrAgroConsult.

 

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