Bulgaria. Oilseed market behavior
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Bulgaria. Oilseed market behavior

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Consulting Agency UkrAgroConsult

UkrAgroConsult

Sunflower seed price in the Bulgarian market closed last week up BGN 1/MT (+0.17%) at BGN 582/MT that is equivalent to USD 332/MT (last week’s level), reports UkrAgroConsult.

The main trends included:

  • a slowdown in sunflower planting (+2.8% from last year against +4.4% a week earlier)
  • growth in offer prices for Black Sea sunflower seed in the export market
  • stable demand from the EU
  • the pace of exports is 40% ahead of last year
  • weakening demand from Turkey

Please be reminded that on September 5, UkrAgroConsult will host a major meeting point of the oilseed industry operators - the 7th International Conference “Black Sea Oil Trade-2019” in Hilton, Kyiv, Ukraine.

‘Black Sea Oil Trade’ conference annually brings together key players of the global agribusiness at the start of a new oilseed season. The goal of the conference is to discuss prospects and directions of the Black Sea and global oilseed market development, exchange international contacts, share recommendations for adapting business strategies in the changing market and global trade.

More than 250 delegates from 25+ countries attend the conference annually. Conference participants are represented by producers and crushers of oilseeds, traders, enterprises for deep processing of vegoils, investment companies, banks, legal, shipping, brokerage, insurance, surveyor and other companies.

 

UkrAgroConsult

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