The price of cooking oil may reach 500 HUF per liter

By: trademagazin Date: 2011. 09. 05. 12:30

Already there are a few parcels, where the sunflower harvest began, in the next few weeks, the plants will be harvested from more than half a million hectares.

The sunflower crop grown well this year: experts expect a 1.4 million tons of crop calculated with 2-4 tons per hectare yield, if it will not be worsen by the droughts of the past week. Last year's crop was 1.1 million tons. The prices however remained. 96-97 thousand HUF per ton quoted on the stock market in October, while on the physical market, farmers contract 100-105 thousand HUF per ton in the middle of the summer – reports szabadfold.hu.

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