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 Chinese New Year Effect on Sunflower

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According to the latest information from market participants in Tianjin, China, demand for sunflowers in the domestic market has increased ahead of the Chinese New Year. Traders have been buying up raw materials one by one. The price of sunflower seeds also rose and producers actively replenished their stocks to meet market demand. The export market was also active. The shipping market is expected to improve after the Chinese New Year, and the export cost is expected to increase in view of the upcoming peak demand.

Mintec Global

This week, the reference price of export standard sunflower seed 361 (200-210 seeds/50g) is USD 1,730-1760/t or EUR 1597-1623/t, and the reference price of 190-200 seeds/50g is USD 1,750-1780/t or EUR 1614-1642/t. Please note the changes in market prices.

Current Market Price in China for sunflower seeds

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 1720-1770/Mt
Delivery  Within 20 Days after the contract

Import/Export Statistics

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