News

Richard Dalian

Nov 5, 2024

Sunflower Seeds: European Market Pressures Have Pushed Prices Lower

Sunflower Seeds: European Market Pressures Have Pushed Prices Lower

Current Status of Sunflower Seeds

In Dalian, market participants report steady purchasing activity from domestic food factories, reflecting solid local demand for sunflower seeds. Alongside this, interest from foreign food factories has increased, as more international buyers inquire about potential orders. However, pressures from low European prices have created downward pressure on the market. As a result in a year-on-year decrease in export volumes.

Future Scenario

Despite these challenges, exporters anticipate a seasonal boost in exports as temperatures drop. Cooler weather typically brings stronger demand, and key export destinations this season are expected to be the Middle East, Europe, and Southeast Asia. Furthermore, analysts project that domestic demand will rise over the winter months, which should help stabilize and potentially support prices.

This combination of factors highlights a shifting market dynamic, as Dalian suppliers navigate both international competition and strong local demand during this peak season.

Prices of Sunflower Seeds

This week, sunflower seeds intended for confectionery and baking are priced as follows:
  • Confectionery-grade sunflower seeds are currently trading at $1,110 to $1,140 per ton at Tianjin and Dalian ports.
  • Baking-grade sunflower seeds are slightly higher, at $1,120 to $1,150 per ton.

Current Market Prices for Sunflower Kernels (FOB Tianjin, China)

The current sunflower seed market reflects both rising interest from international buyers and domestic demand trends, positioning Dalian as a key player in the seasonal peak ahead.

Conclusion

In conclusion, the Dalian sunflower seed market is currently experiencing a complex interplay of factors influencing both domestic and international dynamics. While domestic food factories are actively purchasing and foreign inquiries are on the rise, low prices in Europe have exerted downward pressure on export volumes, resulting in a year-on-year decline. However, as the weather cools, exporters are optimistic about an increase in export activity, particularly to key markets in the Middle East, Europe, and Southeast Asia. Additionally, the anticipated rise in domestic demand during the winter months may provide further support to the market. Overall, stakeholders should remain vigilant and adaptable as they navigate these evolving market conditions.





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