Sunflower processors in Bulgaria may close without imports from Ukraine

Brussels is reluctant to extend beyond September 15 the ban on agricultural imports from the warring country, but the industry doubts that the country may take measures that distort the market The association of producers of vegetable oils and butter products in Bulgaria stated today at a press conference that if the ban on sunflower imports from Ukraine continues after September 15, the enterprises will either stop their production or limit their capacities. If they raise the raw material purchase prices higher than they break even, they will go bankrupt. Unfortunately, they do not have the opportunity to engage their capacities in the processing of other oil crops, because there are none or they are grown on small areas. The reason the producers of oil, meal and peeled sunflower are in this critical situation is that the Bulgarian farmers, who still have last year's harvest, are not selling in the hope that the price will increase. The country currently has about 600,000 tons of ...