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Marktinfo

Marktbericht No. 21-2020 market update Bulgarian sunflower seeds "Force Majeure"

2019-03-20 | Shipping costs for Bulgarian sunflower seeds increase significantly. Our shipper Sadina claims Force Majeure for all previous contracts based on the conditions of Hamburger Warenverein.
The crisis regarding coronavirus is expanding rapidly. The closure of all borders on the transit route between Bulgaria and Germany, Austria, the Netherland, and all Scandinavian etc. countries announced by the relevant governments have a direct and massive impact on our day-to-day business with sunflower seeds. Bulgarian forwarding companies have difficulties in finding truck drivers willing to drive into the crisis region in Europe. To encourage drivers, they offer bonus payments.

Marktbericht No. 17-2020 market update Pumpkin Seeds

2019-03-09 | Prices for pumpkin seeds are increasing
Our Chinese shippers can no longer offer SHINE SKIN and GWS in Grade A quality which is the main quality consumed in Europe. A-Grade raw materials are sold out in China. Prices for GWS and SHINE SKIN in quality Grade AA are rising at the same time. This quality goes mainly to the US. SHINE SKIN Grade AA costs USD 3.750,00 p.mt, GWS Grade AA USD 3.150,00 and GWS AAA USD 3.300,00 per/mt CFR MEP today.

Marktbericht No. 15-2020 market update Turkish sultanas - EU regulates multiple residues in pesticides

2019-03-06 | The EU Commission considers regulations on multiple residues in pesticides
In connection with “European Green Deals, “ the EU wants to regulate the reduction of multiple pesticide contamination in food products. An EU Commissioner confirmed that a commission is checking how various residue levels can be addressed uniformly across the entire EU, EFSA is already working on this issue.
Already 2018, the German ÖKO-Test magazine, issue 11/2018 „TEST STUDENTENFUTTER“ stated in their findings for Turkish sultanas „of up to 19 different pesticides in a single bag of mixed nuts and raisins. This pesticide cocktail in the mix of nuts and raisins brand ” Ja”! from the grocery chain REWE is legal. Although it is entirely unclear how the different pesticides interact within the human body. The findings show: We need a law to limit the number of individual pesticides in a single product.”

Marktbericht No. 13-2020 market update coronavirus (impact on the supply chain of commodities)

2019-02-27 | Coronavirus reaches the German food retail trade
According to an article in the online version of the German journal “Spiegel“, from 25 February 2020 Aldi does not rule out supply shortages. „For some products, it is already clear that supply will be reduced for the market launch and that we will see an out-of-stock situation when the demand is high“, explains a spokesperson from Aldi Süd. It is not clear which products will be affected. „We are in direct communication with our suppliers and will assess the situation for each product individually“, was the official statement.

Marktbericht No. 12-2020 market update Chinese pumpkin seeds-coronavirus

2019-02-13 | Coronavirus shows a negative impact on trade with Chinese pumpkin seeds. Price levels may rise further in the country of origin as well as on the relevant spot market.
Our Chinese shipper reports on more and more shortages in trading pumpkin seeds. Banks are closed and work in shipping ports has almost stopped. The Chinese government has extended the „Chinese New Year“ holiday and introduced a 14 days quarantine before staff can go back to work. In the provinces, people are only allowed to leave their homes for food shopping. Otherwise, they are asked to stay at home. In most provinces, factories are still closed.