Bulgaria: export potential of sunflower seed is high
According to the Bulgarian market operators, the National Grain and Feed Agency of the country published the updated estimation of sunflower seed exports and stocks in Bulgaria as of March 31, 2014.
In particular, as of March 31 the export shipments of Bulgarian sunflower seed totaled 0.87 mln tonnes, against 0.78 mln tonnes as of the beginning of the reporting month. At the same time, Bulgaria supplied 0.7 mln tonnes of the oilseed from the specified volume to the EU countries.
The stocks of sunflower seed in Bulgaria totaled 0.61 mln tonnes. At the same time, the country needs 280 thsd tonnes of the oilseed only to cover the domestic consumption. Thus, the market operators believe that Bulgaria can export more than 300 thsd tonnes of the oilseed until beginning of the new crop harvesting campaign.
As of April 25, on the Bulgarian market of sunflower seed the EXW price totaled 440-460 USD/t, which was lower compared with the previous week index (465-470 USD/t). Also, the CPT price fell to 460-480 USD/t (479 USD/t), and the price on terms FOB-Black Sea - to 480-490 USD/t (485-490 USD/t).
You can receive more detailed information on the Bulgarian market of sunflower seed and by-products, and the export prospects for the commodity from the report of Dian Donev, General Director at Scanwel Commodities SA, within frames of the conference "VegOils Trade Outlook- 2014".
Here you can become acquainted with the program of the conference, and fill in the application form for participation in the event.
You should be authorized to post comment
August 31 is deadline of the early bird fee for the fifteenth conference "Fat-and-Oil Industry – 2016"
Ukraine: NIBULON launched a new grain terminal on the Southern Bug River
In January-July, Ukraine decreased flour production – State Statistics Service
Ukraine: Ministry of Agrarian Policy to contribute to entry of agricultural producers on the EU market
In 2015, Ukraine decreased production of buckwheat groats by 25% - APK-Inform
August 23, 14:05
Ukraine to annually increase flour exports by 30-35% - expert
August 23, 13:00
Ukraine has to develop the production of value-added agricultural products – T.Kutovyi
August 23, 11:45
Ukraine harvested over 38 mln tonnes of grains - Ministry of Agrarian Policy
August 23, 10:45