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Bulgarian sunflower kernel exports are growing, especially to Germany, which has increased imports from Bulgaria in recent years. Turkey lowered its import duties, opening a new export market for Bulgarian suppliers.
Bulgaria has about 2 million mt of sunflower supply in the current season.
Turkish duty cuts could draw Bulgarian supply away from German buyers and lift their prices. The effect on feed-grade sunflower meal is limited.
mundus-agri.euFeb 9, 2017Not 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.
