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Eastern European sunflower seed kernel prices have been stable after a sharp rise the prior week caused by a poor harvest. Bakery kernels are offered at 640-650 EUR/mt and traders see good buying opportunities.
Some analysts still expect longer-term upward pressure from the poor crop and higher crude oil prices.
Stable kernel prices with analysts flagging longer-term upside suggest sunflower product costs may firm later as the poor crop and energy costs feed through.
mundus-agri.euNov 4, 2016Not enough comparable past events yet for a historical read.
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.
