Tianjin Sunflower Seed Market Sees Decline Amid Hot Weather and Low Sales

Tianjin Sunflower Seed Market Sees Decline Amid Hot Weather and Low Sales

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Low Sales and Declining Prices

Feedback from market participants indicates that the sunflower seed market in Tianjin is experiencing low sales and a gradual decline in prices due to the hot weather affecting most areas. This seasonal trend has led to decreased market activity as traders focus on digesting existing stocks.

Off-Season for Export Market

As the export market enters its off-season, foreign importers are purchasing sunflower seeds cautiously and only on demand during the summer months. This conservative approach has further contributed to the overall decline in market prices.

Expected Price Drop

According to Zhuochuang information, sunflower seed prices are expected to continue falling throughout the summer. The domestic market will also enter its off-season, characterized by low supply and light demand across all regions.

Mintec Global

Current Export Prices

This week, the export reference price for 361 standard sunflower seeds (200-210 grains/50g) is between $1,620 and $1,650 per tonne. For 190-200 grains/50g, the export reference price ranges from $1,670 to $1,700 per tonne. Market participants are advised to closely monitor these price changes.

The Tianjin sunflower seed market is currently navigating a period of low sales and declining prices due to seasonal weather conditions and cautious purchasing behavior from importers. As the market enters its off-season, stakeholders should prepare for continued low demand and adjust their strategies accordingly. Monitoring price trends and inventory levels will be crucial in managing this transitional phase effectively.

 

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 1620-1700/Mt – EURO 1506-1580/Mt
Delivery  Within 20 Days after the contract