Bulgaria:
The development of the new crop is still positive and farmers are anticipating a good yield. The official EU cultivation statistics mark a rise of the areas under cultivation of 2 percent compared to last year. Based on these 820,000 hectares and the average yield of between 2.20 MT and 2.50 MT per hectare there is expected a crop outcome of between 1.8 million MT and 2.0 million MT.
The export volume of Bulgarian sunflower seeds has reduced significantly in the past 5 years. At the same time the export share has dropped from 65 percent to nearly 55 percent. The higher added values in the crushing sector and the rising production volumes of hulling factories have been causing higher demand on the local markets.
Romania:
Also in Romania cultivated areas have increased by around 20,000 hectares compared to last season. With acreage of more than 1.04 million hectares it is by far the country with the biggest arable land in the EU. The climatic conditions are considerably less favorable than in the other Eastern European origins. In the past few years, periods of drought in spring or summer caused notably smaller yields per hectare. That’s why the average harvesting volume, despite the large area under cultivation, is mostly less than 2 million MT.
Ukraine:
According to market observers, the Ukrainian harvest is going to be very positive in spite of the typically seasonal heat. Since last season the acreage has again been extended and could exceed 6 million hectares. This combination has market participants looking forward to a crop size of way more than 14 million MT.
During the current season the export volume of the Ukrainian oil mills has significantly increased again. So far, in the season of 2016 / 2017, approximately 5 million MT of sunflower oil are said to have been exported. The main contractors such as India, the EU and China have an export volume of more than 70 percent all together.
Russia:
According to optimistic estimates, the Russian cultivated areas will be around 8 million hectares.
Governmental authorities indicate an increase of 300,000 hectares compared to last year – record levels once again. As a result, a crop volume of over 11 million MT is predicted if a yield per hectare of under 1.5 MT- just as last year – is achieved.
Russian sunflower-oil producers were able to increase their export volumes once more. By the middle of the year 3.6 million MT of sunflower oil have been exported. This is about 500,000 MT more than during the same period last year. With a production share of more than 80 percent, sunflower oil will remain the most important product.
Recommendation:
The positive outlook for the upcoming harvest, the stable market situation and the beneficial exchange rates lead to an unprecedented price level for buyers of sunflower kernels. The Russian pricing for the raw product (inshell) and sunflower oil futures have slightly gone up in the past 4 weeks. The long term predictions for exchange rates are that there will be a downwards trend towards the end of the year (one important key point is the German election end of September). The prognosis for every main cultivation area is very positive. Nevertheless, yields still have to be achieved. Further development remains open.
Benefit now from the possibility to snap up the highly attractive current price level.
In short – our strengths:
- Full crop period until September 2017/2018
- New factory equipped with the latest technology – the new standard in Bulgaria
- High quality standards (IFS)
- Biggest physical raw material buyer in Bulgaria
- Risk minimised – 2 factories at separate locations
- Loyal business partnership
- 100 percent contract fulfilment
- First-hand market Information
Please do not hesitate to ask for our individual offer!
Tampico Trading – More than 30 Years of Success
“We only deal in a few well selected foodstuffs – but for these we are experts!”
EMail: c.dingfelder@tampico.de | Tel.: +49 911 91 96 69-27
EMail: l.laue@tampico.de | Tel.: +49 911 91 96 69-30


















