Oilseed prices remain in the Ukrainian market stable
lower production of rapeseed due to unfavorable conditions at planting time in 2015 has led to a reduction in the number of exporters interested in his purchase. In the first two months of the season 2016/17 my, Ukraine exported only 283,1 thousand tons of rapeseed. The main customers have traditionally been made by ADM, Cargill and Glencore, which bought a large part of the rapeseed. It is strange that the company Bunge has not started the purchase of rapeseed, although it has processing facilities in Europe.
Prices for rapeseed on the MATIF declined in the last week from €378 €373, which led to a decrease in the price of rapeseed in Ukraine from $418 to $410-412 tone or 12200-12350 UAH/t with delivery to the port.
Dry weather in the U.S. and Europe contributes to the rapid harvest of soybeans and corn that causes an increase in the number of deals and pressure on prices.
the Price of soybeans on Chicago stock exchange has dropped from $355 to $348, but in Ukraine still held at $360 or 10800-11000 UAH/t with delivery to the port.
Demand prices for sunflower seeds remained at the level of 9800-10000 UAH/t with delivery to the plant and 9500-9700 UAH/t on the elevators.