Marktinfo
market update No. 41-2023 Rain damage to Turkish Sultanas in the Manisa region takes on catastrophic proportion
2023-07-11 | Rain damage to Turkish Sultanas in the Manisa region takes on catastrophic proportion
In Turkey, the extent of the destruction in the vines is becoming evident. The rain has prevented farmers from using pesticides (fungicides) to combat the fungal diseases already caused by earlier rains. In the last few days, the disease powdery mildew has emerged. The disease kills the grapevine, and the vines do not produce fruit for the next 3 years.
market update No. 33-2023 Today's price increase in sunflower seeds could be temporary
2023-06-20 | Today's price increase in sunflower seeds could be temporary
We have heard that some Bulgarian traders sold sunflower seeds to International trading companies like Cargill, Bunge, A.C. Töpfer with BGN 650,00 – 670,00 p.MT field-run.
market update No. 31-2023 Rohwarenpreise für Sonnenblumen gehen seit heute Morgen fester (2)
2023-06-16 | Bulgarian sunflower seed's raw material prices are going firmer
Since this morning, we have seen more activity in the market. Some international traders work with firm bids. Yesterday, we traded sunflower seeds with BGN 700,00 p.MT. Today bids are at BGN 730,00. The prices in Bulgaria are very competitive and lower than in Ukraine. Traders are shifting demand to Bulgaria and expect further increases. It seems we have seen the buttom!
market update No. 26-2023 Ukraine / Safeguard Measures for sunflower seeds have been extended for five frontline Member States: Bulgaria, Hungary, Poland, Romania, and Slovakia
You may recall ongoing discussions between Member States on Safeguard measures under the ATM (1-year autonomous trade measure) for Ukraine following several neighboring member states unilaterally banning imports from Ukraine of certain agricultural products. This "exceptional and temporary preventive measure" has been extended until the 15th of September, 2023, and will apply to wheat, maize, rapeseed, and sunflower seeds originating in Ukraine. We expect the extension of the import ban until the end of 2023 very soon!
market update No. 25-2023 Despite the weak Turkish Lira, raisins/sultanas prices remain stable with a slight increase in potential
After the Turkish elections and Erdogans AKP victory, the Turkish Lira continues its decent in value against USD by 5 % to 20,9059. Why has this had no impact on Turkish Raisin's quotes? The answer is that Turkish exporters cannot find any uncommitted raw material on the free market at TRY 24,00 p.kg prices.