TIANJIN: According to the feedback from exporters, the transportation of goods has been seriously affected by the epidemic recently, and the cost of inland cargo transportation has increased. It is predicted that the sunflower seed export market will have a small peak in April, and exporters will drive exports with small profits but quick turnover. At present, the supply of goods in the producing area is sufficient, and exporters increase production. The best time to export is before summer. As the domestic trade market gradually entered the off-season, the market price dropped slightly compared with before the Spring Festival.
The Middle East market accounts for 63%-69% of exports. Importers from Egypt, Israel, Saudi Arabia, Dubai, Iran, Turkey and other countries reported that the decline in shipments would increase market share. This week, 180-190pcs/50g, 361 type standard sunflower seeds were exported. The export price is US$1.260-1.300/ton, and the price of count190-200PCS/50G is US$1.250-1.280/ton. Continue to monitor market changes.
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 | |
Price | USD 1240-1300/Mt | |
Delivery | Within 20 Days after the contract |