Decreased Demand from Food Factories

Market participants have reported that the summer seed kernel market has entered its off-season. This period is characterized by a decrease in demand from food factories compared to the previous year. Despite this reduced demand, prices have remained stable.

End of Traders' Liquidation Phase

The liquidation phase for traders is coming to an end. On the export side, purchases from key markets in the Middle East, Europe, and Southeast Asia have decreased year-on-year. Additionally, the influx of low-priced raw materials from Europe continues to impact export markets.

Current Pricing for Sunflower Seeds

This week, the reference price for confectionery 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.

Comment

The stability in prices amidst decreasing demand highlights the resilience of the summer seed kernel market. As the off-season progresses, stakeholders will need to monitor international market trends and raw material costs closely to navigate potential fluctuations. Ensuring a strategic approach to inventory and supply chain management will be crucial for maintaining stability and meeting market demands in the coming months.