Sunflower Kernel Market Holds Steady – South African Prices Move Higher
Sunflower Kernel Market Holds Steady – South African Prices Move Higher
Sunflower kernel prices across Eastern Europe remained steady this week. While activity in the EU remains subdued, the SAFEX market in South Africa showed solid gains on Thursday, driven by renewed local demand and a stronger export outlook.📊 Market Overview – Spot Prices & SAFEX Futures
📝 Note: Prices in Eastern Europe remain unchanged, while South African markets see higher demand.🌍 Key Market Drivers
- EU Demand Remains FlatEuropean buyers remain cautious and reluctant to commit to Q3 contracts. Spot trading is quiet, with no significant forward business reported this week.
- South African Market TightensSAFEX prices rose sharply due to strong local demand and slower delivery pace from interior regions. Crushers are bidding more aggressively for available volume.
- Export Flow from Ukraine & Moldova ContinuesDespite political uncertainty, logistics from the Black Sea region are functioning well, keeping a lid on price volatility.
💼 Trading Strategy & Outlook
The sunflower kernel market is structurally stable, with short-term upside seen only in isolated regional markets like SAFEX.Recommendations:– Importers: Maintain cautious coverage, seek discounts below €1.05/kg– Exporters: Focus on prompt shipments with flexible delivery terms– Traders: Watch SAFEX for arbitrage opportunities into Southern Europe
📈 3-Day Price Forecast (FCA EU Delivery)
🌦️ 14-Day Weather Outlook – Key Regions
