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Slowing exports led to the reset terminal of sunflower oil
07.04.2020
Delay the shipment of oil to China and Asia, as well as strict quarantines for ships has led to the fact that the Ukrainian port terminals of vegetable oils loaded almost 100%, which prevents the shipment of finished products processing enterprises. the company RISOIL announced that the intake of oil was not stopped, and even increased in 2.5 times the stated capacity of the tank truck. Although traders see problems with the freight of ships and putting them under navantazhennya....
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Weather was a new factor supporting wheat prices
07.04.2020
Yesterday the price of plenty grew on the background of forecasts of dry weather in the black sea region in the next 2 weeks and with the support of the declared procurement tenders. Ldera growth was European wheat, which rose by 2.2% and pulled over prices for US exchanges. According to FranceAgrimer, the number of crops of winter wheat in good or excellent condition for the week decreased from 63% to 62%, while a year ago the figure was 84%. Also, the...
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The spread between the vegetable oil price increases again
07.04.2020
the spread between the vegetable oil price is rising again, despite the low demand from major importers and large volume of proposals from manufacturers. Although the low prices at Palmco oil high prices of soybean and sunflower oils reduce their competitiveness. Transfer to the OPEC+ Monday to Thursday led to the decline in oil prices, followed by the beginning of cheaper palm oil. Yesterday on the London exchange ICE the price of Brent crude fell by 7.2% to 32.4...
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Purchase prices for grains in Ukraine on April 7, 2020
07.04.2020
The weighted average purchase price of grains and oilseeds in Ukraine on CPT terminals, EXW elevators, CPT processors, FCA, CPT dollar, FOB, DAF, CIF Purchase prices in Ukraine CPT terminal, UAH EXW elevators, UAH CPT processor, UAH FCA, UAH CPT terminal, $ FOB, $ DAF, $ CIF, $ Vetch 10500 2900 Wheat mill offals 3300 Mustard seeds 12500 Peas 6600 5700 Buckwheat 13000 20000 Rye ...
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Speculators are trying to heat up wheat prices amid falling demand
06.04.2020
Buyers are in no hurry to buy wheat at high prices and expect them to decrease due to the reduction in global demand, while speculators are trying to heat up the market. Wheat futures grew after oil prices in anticipation of OPEC meeting+ and possible production cuts. But Russia and Saudi Arabia not agreed so the meeting was moved from Monday to Thursday. Perhaps agreement was not achieved, and the intention of Saudi Arabia to press Russia on European markets tightened the...
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The decrease in the forecast of consumption of biodiesel lowers the price of rapeseed
06.04.2020
Experts Oil World has lowered the forecast of world production of biodiesel in 2020 by 3.9 million tonnes to 43.5 million tonnes, but it is not excluded to further reduce production in case of continuation of the developed countries of quarantines through Covid -19. Reduction in demand for automobile fuel reduces the consumption of ethanol and biodiesel that lowers the price of corn, sugar cane, rapeseed and palm oil. the Main consumer of Ukrainian rapeseed is the...
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The hryvnia strengthened on the interbank market by reducing imports and speculative demand
06.04.2020
the deputies Adopted the law on land reform and adopted in first reading the draft law on banking activities increase the chances of Ukraine to receive aid from the IMF, which reduces the panic about a possible default on the background introduced through Covid -19 quarantine. on the night of March 31 the Verkhovna Rada 259 votes "for" abolished from 1 July 2021г. the moratorium on sale of agricultural land and supported in the first reading the bill # 2571-d on the...
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Purchase prices for grains in Ukraine on April 6, 2020
06.04.2020
The weighted average purchase price of grains and oilseeds in Ukraine on CPT terminals, EXW elevators, CPT processors, FCA, CPT dollar, FOB, DAF, CIF Purchase prices in Ukraine CPT terminal, UAH EXW elevators, UAH CPT processor, UAH FCA, UAH CPT terminal, $ FOB, $ DAF, $ CIF, $ Vetch 10500 2900 Wheat mill offals 3300 ↓ 250 Mustard seeds 12500 Peas 6500 5700 Buckwheat 13000 20000 ...