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Bulgarian sunflower kernel suppliers are struggling to find raw seed, and the European Commission has cut its production estimates again. Russia raised its export tariff on sunflower seed from 6.5% to 30%, which makes imports harder.
Bakery kernels trade at EUR 0.97/kg for February and March delivery.
Russia's higher export duty and short EU supply tighten the sunflower meal and oil supply chain, which supports meal prices in Europe. Buyers may face higher costs and need alternative origins.
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.