Tridge summary
Sunflower prices are continuing to decline, falling below $500 DAP for delivery to Romania and Bulgaria, according to Spike Brokers. This downturn in the oil complex is expected to persist, contributing to a slump in sunflower exports from Ukraine, which reached their lowest level in six months in February at around 160,000 tons. The current buying indications show prices ranging from $450-520 across different delivery points and types in various European countries.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
Sunflower prices continued their downward trend. Analysts of Spike Brokers report this in the Telegram channel. This week, buyers have already announced sunflower prices below $500 DAP with delivery to Romania and Bulgaria. The oil complex is in depression and this trend is likely to persist for the near future. Sunflower exports from Ukraine in February were the lowest in the last 6 months and amounted to about 160,000 tons. The latest indications of buyers: • DAP Bulgaria (mon/center) ~$490-500; • CIF Bulgaria (Mon/Center) ~$480-490; • DAP Hungary ...
Source: Agrotimes
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