Romania could start new season without sunseed stocks

Published 2025년 3월 18일

Tridge summary

The article discusses the current situation of sunseed stocks in Romania, which have depleted due to a poor 2024 crop. Despite this, prices are not increasing, leading to frustration for farmers. The strength of the dollar is also contributing to the stagnation in prices. However, Romanian crushers are making up for the shortfall by refining crude oil imported from Ukraine. Despite the challenges, there is potential for price growth due to significant sunflower oil exports, which are only 9% below last year's figures. The situation is expected to result in zero carry over stocks for the 2025/26 season.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Despite the exhausting sunseed stocks after the poor 2024 crop, the price is still stagnating. Moreover, in March 7-14, SFS price lost about USD 5/mt FOB Constanta, due to the depreciation of dollar, which sounded like a sad news to farmers having the 2024 crop stocks. SFS price declined to USD 585/mt DAP Constanta, while farmers intend to renew SFS sales if the price is USD 600/mt. If the price stagnate or go down, most likely farmers will have to increase SFS sales and crushers will buy more SFS of local origin in April-July. To cover the SFS deficit and maintain the supply of sunoil Romanian crushers are refining crude oil, imported from Ukraine, with major part delivered in November 2024. The availability of crude oil stocks is another factor, putting a stop to SNS price jump. However, SFS price growth remains possible, as SFS exports seem significant, considering the 2024 low crop. The exports is only 9% below last year over the same period. This confirms sharply lower ...

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