Yulian Stefanov, financial director of one of the major oil production companies, told Trud news: Farmers in Bulgaria are keeping the sunflower, but they will not see higher prices

Published 2023년 9월 28일

Tridge summary

Farmers in Bulgaria have been protesting against the import of sunflowers from Ukraine. However, the financial director of a sunflower processing company in Bulgaria has stated that the country is a net importer of sunflowers, and there is a shortage of sunflowers for local processors. The price of sunflower is determined by international markets and is not influenced by local production or cost prices.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

There is no way that the price of sunflower for the domestic market will be artificially increased, as the farmers hoped. After protests by farmers against the import of agricultural crops from Ukraine, it was decided that the export from Ukraine will go to a license regime and it will be agreed on what quantities of grain crops will be imported into Bulgaria. We asked Yulian Stefanov, financial director of one of the largest companies in Bulgaria for sunflower processing, with questions about why there were farmers' protests and what will be the effect of limiting imports from Ukraine. - Mr. Stefanov, why did it come to the situation that the market has sunflowers from last year that have not been sold? What is the production of sunflower in the country and what quantity do you need as processors? - The market situation is that since the last five years, Bulgaria has become a net importer of sunflower from being a net exporter. Many processing facilities were built, both for the ...
Source: Trud

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