Tianjin Sunflower Seed Market Faces Downturn Amid Summer Slump

Decreased Sales in Domestic and International Markets

Market participants in Tianjin report a significant downturn in the summer market for sunflower seeds, with both domestic and international sales volumes decreasing year-on-year. The domestic market is currently driven by wholesale transactions, while the Middle East and Southeast Asia markets have also seen a reduction in purchasing volume compared to the previous year.

High-Quality Supply Scarcity Amid Price Stability

Despite the overall market downturn, the scarcity of high-quality sunflower seed supplies has contributed to price stability. Traders are nearing the end of their inventory digestion, and the market is now driven by just-in-time purchases. Some exporters have ceased purchasing stale goods, as high-quality products are increasingly difficult to find in producing areas, with many waiting for the arrival of new season goods.

Current Export Prices and Market Outlook

This week, the export reference price for 361 standard sunflower seeds (200-210 seeds/50g) is $1,650-1,680 per tonne, while the reference price for 190-200 seeds/50g is $1,680-1,700 per tonne. Market participants are advised to closely monitor price changes as the market remains volatile.

The Tianjin sunflower seed market is experiencing a challenging period due to decreased demand and limited high-quality supplies. As traders work through their remaining inventories, the focus is shifting to the upcoming new season. The current price stability, despite the downturn, reflects the delicate balance between supply and demand in a competitive market. Stakeholders should stay vigilant and responsive to market changes as the situation evolves, particularly as new season goods begin to enter the market.