Chinese Sunflower kernel: Exporters wait and hold back their goods

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Dalian: According to feedback from exporters, a small number of sunflower kernels produced in Xinjiang were listed this week. The production area reported serious production cuts. The prices are higher than in the same period last year. The current prices are not stable. After a large number of them are listed, the prices are more informative.

Still, due to the reduction in Xinjiang production, the price of Chen grain in Inner Mongolia producing areas has risen slightly. As sunflower seeds in Inner Mongolia will not be available until the beginning of October, some farmers have stopped selling surplus grain and waited for the price increase. Recently, inquiries for new products from exporters have gradually increased, mainly from Germany, the Netherlands, the Middle East, and Southeast Asian markets. Exporters are more cautious about the pre-sale price and wait for half a month. The old crop still dominates this week’s offer.

Mintec Global

Current Market Price in Fob Tianjin, China for sunflower kernel

Product Name Chinese Sunflower kernel
Moisture 10% max
Confectionary Usd 1500/mt
Bakery Usd 1470/mt
Purity 99.95%
Loading 17mt /20GP
Package 25kg paper bag
Delivery 20  days after the contract