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Eastern European sunflower seed kernel suppliers say prices are acceptable to buyers but complain that raw seed costs leave little margin. Chinese confectionery kernel prices have collapsed by several hundred dollars per tonne in a short period.
Ukraine is reported to have a record sunflower crop of about 14 million tonnes.
A record Ukrainian crop and falling Chinese kernel prices point to ample sunflower supply, which is bearish for sunflower products.
mundus-agri.euNov 18, 2016Not 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.
