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Bulgaria's sunflower meal exports in 2023/24 fell 29% from the prior record to just under 0.5 million tonnes, slightly above the five-year average. China took about 76% of exports, and the report says lower Black Sea sunflower supplies will constrain future meal exports.
Reduced Bulgarian and wider Black Sea crush supply tightens sunmeal availability for Chinese and other buyers, supporting meal prices.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.