Strong Demand Season in Middle East Boosts Sunflower Seed Market

Robust Demand in March and April

Market participants report a robust demand season for sunflower seeds in the Middle East during March and April. This surge in demand has led to stable prices in the export market, making it challenging for prices to decline.

Forecasted Price Trend

Despite the current stability, a downward price trend is anticipated to commence in May as market dynamics shift. This forecast suggests a potential shift in pricing dynamics in the coming month.

Gradual Decline in Domestic Market Demand

With the onset of hot weather in May, market demand in the domestic market is gradually decreasing. However, exporters have been proactive in replenishing stocks to meet market demand, indicating a proactive approach to market fluctuations.

Current Reference Prices

As of this week, the reference prices for export standard sunflower seeds stand at US$1,810-1,840 per tonne for 361 seeds (200-210 grains/50g) and US$1,830-1,860 per tonne for 190-200 seeds (50g). It’s essential to closely monitor market price changes for informed decision-making.

Stay tuned for further updates on market trends and price movements in the sunflower seed industry.

Current Market Price in Fob Tianjin, China for sunflower seeds

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