Dear readers,
on Tuesday we continued to see interest for April and May positions of sunflowerseed meal in the Baltic Sea. Traders were looking for pellets,
but bid and ask did not converge to conclude business. We have a feeling that there is increased demand for summer positions, which as of today
cannot be covered by crushers in Russia.
The market seems to continue to find support and not only stabilize but move up, with sunflowerseed meal being very competitive versus rapeseed and soybean meals.
Below the market for sunflower meal in Euro/tonne as we see it Friday evening. Levels are verified, quantities and details to be discussed.
Month Bid Ask
February '22 300
March '22 300
April '22 297 300
May '22 298 301
June '22 298 302
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