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Oil began to fall in price across Europe




OIL PHOTO: Reuters


In our country its average price is still around BGN 5.50.

Prices for sunflower oil in Europe have begun to fall in the last two weeks, Reuters reported, citing the oil seed analysis company Wal Oil.

According to its executive director, Thomas Milke, despite the difficulties of the war in Ukraine, the world’s largest exporter of sunflower oil, there have been significant exports by truck or train to Moldova, Romania, Poland and other countries recently.

The prices of sunflower oil in the EC rose sharply in the middle of the year to around 2900-3000 dollars per tonne, while the average level before the war was around 1490 dollars.

Now, after renewed exports from Ukraine, prices have returned to about 1900-2250 dollars per tonne.

According to the director of the research company, the renewed import to the EU coincides with the restriction of the consumption of sunflower oil.

“Pyckite tapgovtsi did ppedlagat na cvetovniya pazap clanchogledovo olio and dpygi celckoctopancki ctoki c otctapki from the tsenata, well skilled in ea ctimylipat pokypkite from the ctpana na chyzhdectpanni kypyvachi and ea namalyat tekyshtite ci vicoki ckladovi zapaci” otbelyaza Tomac Milke.

According to our smoke, during the first week of April, the sunflower oil was offered at a price from 1800 to 1900 dollars per ton.

The producers of young seeds in the EC also increase the production of sunflower oil.

“B EC’s sunflower production is growing faster than expected and is expected to reach 9.3 to 9.4 million tonnes in the 20th year and 20 of the year. “, said Milke.

He expects that the largest increase in oil production in Europe is in Romania, Bulgaria, France, Hungary and Spain, which is connected to Europe.

In our country, at least in the shops, there is no decline in the price of sunflower oil. The liter still has an average price of about BGN 5.50. In Bulgaria there is a strong production of sunflower oil, intended mainly for export.

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