Decline in Demand from Food Factories

Market participants have reported that the summer sunflower market in Dalian has entered its off-season. Demand from food factories has decreased compared to the previous year, and prices have remained stable. The liquidation phase for traders is nearing its end.

Decrease in Export Purchases

On the export front, purchases from the Middle East, Europe, and Southeast Asia markets have decreased year-on-year. Additionally, the impact of low-priced raw materials from Europe continues to affect the export markets.

Current Market Prices

This week, the reference price of confectionary grade sunflower seeds at Tianjin or Dalian ports ranged from $1,260 to $1,290 per tonne. Meanwhile, bakery grade sunflower seeds were priced between $1,170 and $1,200 per tonne.

The shift to the off-season for the summer seed kernel market in Dalian reflects broader trends in global trade and demand fluctuations. As traders complete their liquidation phases and exporters navigate the challenges of low-priced European raw materials, maintaining market stability will be crucial. Monitoring these dynamics will help stakeholders adapt to changing conditions and plan for the upcoming seasons.