Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

No significant rise in the price of sunflower oil to be expected

Photo: BGNES

The speculations of a rise in the price of sunflower oil in the coming months due to the poor harvest in the country will not come to pass, Vladimir Ivanov, chairman of the Commodity Exchange and Wholesale Markets State Commission said for the BNR. The European market is going to make up for any possible shortages, and even if there is a price rise it is not going to exceed 10%, experts say. There will be no significant rise in the price of sunflower oil as sunflower producers and processors have warned. The European and the world markets are balanced and prices have remained unchanged for over 6 months, Vladimir Ivanov said further, and added he expected no abrupt changes. “When there is less national production that is not a good thing. But the market does not tolerate any void. Naturally, we shall compensate for the high domestic price with the import price,” Vladimir Ivanov explained.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Google donates another $1 million to Sofia AI institute INSAIT

Google has donated an additional $1 million to the Institute for Artificial Intelligence and Computer Technologies (INSAIT) at Sofia University , bringing its total investment in the institute to over $6 million. According to the institute’s website,..

published on 10/28/25 2:14 PM

Rheinmetall has signed a deal to build a munitions plant in Sopot, Bulgaria

The Bulgarian government and the German defence group Rheinmetall have signed an agreement in Sofia to build a gunpowder and 155 mm artillery shell factory at the state-owned Vazov Machine Building Works (VMZ) in Sopot. The deal was signed by..

published on 10/28/25 1:43 PM

20 projects in 9 areas to be implemented by Bulgarian and Chinese universities

Bulgaria and China have agreed to further strengthen their cooperation in the field of science, technology and innovation at a high level, as well as in academic exchange. This happened during the Eighteenth Session of the Commission for Scientific and..

published on 10/28/25 11:40 AM