As temperatures climb, market feedback indicates a shift in dynamics, particularly among exporters who are focusing on clearing existing stocks rather than replenishing them. This trend signifies the gradual onset of the off-season, accompanied by concerns of price declines from May onwards.
Export Market Outlook
Exporters are primarily engaged in stock clearance activities, indicating a cautious approach towards future market conditions. With the anticipation of a decrease in prices, exporters are adjusting their strategies accordingly.
Domestic Demand Trends
In the domestic market, demand has weakened following the onset of hot weather in May. This decline in demand reflects seasonal fluctuations and underscores the importance of monitoring market dynamics closely.
Current Price References
This week, the reference prices for standard sunflower seeds exports stand at US$1,780-1,810 per tonne for seeds with 200-210 seeds/50g and US$1,800-1,830 per tonne for seeds with 190-200 seeds/50g. Market participants are advised to remain vigilant regarding any changes in prices.
As Tianjin’s agricultural market transitions into the off-season, exporters are focusing on destocking activities amidst concerns of potential price decreases. Additionally, domestic demand has tapered off with the onset of warmer weather. Monitoring price fluctuations closely will be essential for market participants to navigate the evolving landscape effectively.
Current Market Price in Fob Tianjin, 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 1780-1830/Mt |
| Delivery | Within 20 Days after the contract |