Chinese Sunflower Kernel: Sufficient Supply and Stable Price

Dalian: The market has a sufficient supply of sunflower kernels, and exporters began to sell at low prices to clear their inventories, resulting in small profits but quick turnover. However, due to the war between Ukraine and Russia, imported sunflower seeds cannot enter the domestic market, and it is expected that the price will be difficult to fall in the short term. Affected by the fall in the euro’s exchange rate, the European market’s purchasing power declined. The reduction in the supply of imported goods will affect the subsequent Chinese market prices. Prices are expected to rise. A small peak in exports is forecast for April. In terms of exports, the confectionary-grade sunflower kernels are the main ones.

In contrast, the bakery-grade sunflower kernels are not very competitive, and the orders from the European and Middle East markets are stable. Orders in the Middle East, Southeast Asia, and Europe increased, while orders in the U.S. market decreased year-on-year. This week, the price of confectionary-grade sunflower kernels FOB Dalian or Tianjin is 1.540-1.570 US dollars/ton, and the price of bakery-grade sunflower kernels FOB Tianjin or Dalian is 1.500-1.550 US dollars/ton. The domestic market dominates. Please continue to pay attention to the price changes in the Chinese market.

Current Market Price in Fob Tianjin, China for sunflower kernel