As September progresses, the sunflower seed market is showing signs of improvement due to cooler weather conditions. However, predicting the market's future, especially in Europe and the Middle East, remains challenging. The international situation, including geopolitical events and global economic factors, is likely to influence the new season's performance.

Key Factors Impacting the Market

• Ocean Freight Rates: One of the critical factors influencing the market is the fluctuation in ocean freight rates. These costs have a direct impact on export pricing and market dynamics, making it a key area to monitor.
• Decline in Foreign Market Sales: Year-on-year, sales in foreign markets have seen a decline. Despite this, there is optimism that the market will recover by October as new supplies become available.

Current Market Status: Inventory and Pricing

At present, the availability of high-quality sunflower seeds is scarce, and prices remain stable due to rigid demand purchasing. Exporters are now waiting for new season supplies to meet market demands. This shortage is expected to impact pricing trends as we move into the final months of the year.

Export Pricing for Sunflower Seeds

This week, export prices for 361 standard sunflower seeds (200-210 seeds per 50g) ranged from $1620 to $1650 per ton, while sunflower seeds with 190-200 seeds per 50g were priced at $1640 to $1670 per ton. Exporters are advised to keep a close eye on market price fluctuations as the season progresses.

Outlook for the Coming Months

As the market awaits new season supplies, it will be important to monitor key factors such as freight rates, international demand, and geopolitical developments. The market is expected to stabilize and improve by October, but continued vigilance will be required to navigate the uncertain conditions.