Dalian: Market participants reported that due to the impact of new product launches and the decline in sunflower seed prices. The market is unstable and in a turbulent period. Traders operate cautiously, waiting for the market to stabilize. In mid-to-late October, when the food factory purchases peak season, the price of sunflower seeds will not fall sharply in the short term but will tend to rise. Because the current price is higher than the same period last year.
Importers expect prices to fall further. Due to unstable prices, importers are cautious in purchasing. This week, confectionary-grade sunflower seeds FOB Dalian or Tianjin will be quoted at US$1470-1510/ton, and bakery-grade sunflower seeds FOB Tianjin or Dalian will be quoted at US$1460-1500/ton. Recently, inquiries have gradually increased, and the peak sales season is approaching. It is not ruled out that merchants are suppressing goods. Export orders mainly come from the United States, France, Britain, Germany, the Netherlands, the Middle East, and Southeast Asia. Since China is a significant exporter of seeds and grains, demand supports prices.
Current Market Price in Fob Tianjin, China for sunflower kernel
|Product Name||Chinese Sunflower kernel|
|Package||25kg paper bag|
|Delivery||20 days after the contract|
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