The price of sunflower oil to lengthen grow

2019-01-28 12:06:39
Machine translation
The price of sunflower oil to lengthen grow

Active growth of quotations of palm and soybean oil last week gave a push to raise prices for black sea sunflower oil. At the end of the week the palm oil in Kuala Lumpur has risen to 557 $/ton, and soybean in Chicago to 661,61 $/t

 

the Rapid growth of prices on world markets reduced the sentences of sunflower oil in physical market in Ukraine, against the background of high demand from buyers resulted in its scarcity.

 

during the week prices of domestic sunflower oil increased by 20-30 $/ton to 680 $/t compared to the 645-650 $/t in early January.

 

Buyers were forced to raise the purchase price to 660-665 $/t for deliveries in February and 670 $/t for deliveries in March.

 

higher prices contributes to the low activity of producers of sunflower, which are holding back sales in expectation of further increase in prices. Despite the increase in purchasing prices for sunflower in 10700-11200 UAH/t at the plant or 10000-10100 UAH/t ex-farm, the number of proposals has not increased.

 

the Growth of purchasing prices for sunflower holding back the strengthening of the hryvnia. In the near future, the deficit of the sunflower to remain, but the approach of spring and the need for working capital will force farmers to accelerate sales, especially when prices on the basis of the Franco-economy will grow to last year's level of 11 000 UAH/t

Visitors’ comments (0):