market update No. 31-2023 Rohwarenpreise für Sonnenblumen gehen seit heute Morgen fester (2)

2023-06-16 | Bulgarian sunflower seed's raw material prices are going firmer 

Since this morning, we have seen more activity in the market. Some international traders work with firm bids. Yesterday, we traded sunflower seeds with BGN 700,00 p.MT. Today bids are at BGN 730,00. The prices in Bulgaria are very competitive and lower than in Ukraine. Traders are shifting demand to Bulgaria and expect further increases. It seems we have seen the buttom!