Ukraine. Competition on sunflower seed market is getting stronger

21.10.2016

According to UkrAgroConsult, this week competition on Ukrainian sunflower seed market has become tougher between buyers causing price growth. Market is still supported by last week rains, which delayed harvesting and decreased sunflower supply on domestic market. Moreover, rains had a negative impact on sunflower seed quality. This gives oil extraction plants a reason to cut the prices on average by UAH 100/MT.

Sunflower deficit is observed on the market, prices set by farmers are going up. Considerable price support comes from a similar tendency on sunflower oil market.

More information on price behavior on oilseeds 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.

 

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