Sunflower Seed Market Declines as Summer Approaches
As summer nears, the sunflower seed market in Tianjin is experiencing low turnover and falling prices. Market participants report a decrease in demand, particularly in the export market, where importers are cautious and purchasing only as needed.
Declining Market Activity
With summer approaching, the sunflower seed market in Tianjin is seeing a significant decline in activity. Traders are primarily focused on digesting existing inventory rather than acquiring new stock. This trend is in line with seasonal expectations, as demand typically wanes during the summer months.
Export Market Challenges
The export market for sunflower seeds is currently facing weak demand. Importers are cautious in their procurement strategies, choosing to replenish their supplies only as necessary. This cautious approach is contributing to the overall slowdown in market turnover and price reductions.
Price Forecast
Zhuochuang Information anticipates that sunflower seed prices will continue to fall throughout the summer. The domestic market is expected to enter its off-season, characterized by low supply and light demand across all regions. This seasonal decline is consistent with historical patterns in the sunflower seed market.
Current Export Prices
This week, the export reference prices for sunflower seeds are as follows:
- 361 standard sunflower seeds (200-210 grains/50g): $1,640-1,670 per tonne
- 190-200 grains/50g: $1,700-1,730 per tonne
Market participants are advised to closely monitor price changes as the season progresses.
The sunflower seed market’s seasonal downturn underscores the importance of strategic planning for producers and traders. Understanding and anticipating these cyclical patterns can help stakeholders optimize their operations and manage inventory more effectively. As the market enters its off-season, staying informed about price trends and adjusting procurement strategies accordingly will be crucial for maintaining stability and profitability. Despite the current low demand, preparing for the eventual market rebound when demand increases again will be key to long-term success.
Product |
Chinese Sunflower Seeds |
| Type | 361 |
| Moisture | 10 % Max |
| Purity | 99.5 % Min |
| Imperfect | 2 % Max |
| Package | 25kg / Plastic Bag ; |
| Loading | 23Tons / 40GP |
| FOB TIANJIN | USD 1640-1730/Mt – EURO 1516-1599/Mt |
| Delivery | Within 20 Days after the contract |