Prices of Chinese Sunflower Kernel Have Dropped

Dalian: Exporters reported that the supply of sunflower kernels was sufficient, and exporters began to sell at low prices to remove inventory to make small profits. However, due to the war in Ukraine and Russia, imported sunflower seeds cannot enter the domestic market. The reduction in the supply of imported goods will affect the subsequent Chinese market prices. Prices are expected to rise.

In terms of exports, confectionary-grade sunflower kernels are the main ones. In contrast, bakery-grade sunflower kernels are not very competitive, and European and Middle East orders are stable. Orders in the Middle East, Southeast Asia, and Europe increased, while orders in the U.S. market decreased yearly. This week, the price of confectionary-grade sunflower kernels FOB Dalian or Tianjin is 1.550-1.580 US dollars/ton, and the price of baking grade sunflower kernels FOB Tianjin or Dalian is 1.500-1.550 US dollars/ton. The domestic market dominates. Please continue to pay attention to the price changes in the Chinese market.