Oilseed prices are rising

2016-08-25 12:23:48
Machine translation
Oilseed prices are rising

 growth of demand prices for sunflower oil in the ports of Ukraine up to 770-780 U.S. dollars per ton FOB has caused the growth of purchasing prices for sunflower.


Processors try to buy the first batch of the new sunflower harvest, the collection of which has already begun in the South of the country to sell more oil from the new harvest at high prices.


Purchase prices for new crop sunseeds rose to the level 9200-10000 UAH/t with delivery to the plant, although last week they voiced at 8500-9200грн/t.


The increase in the price of oil above 50 dollars a barrel and rising prices for palm oil are the main factors in the growth of oilseed prices. The rise in prices of various types of oils causes an increase in the price of rapeseed.

 

Prices for rapeseed on the MATIF remain at the level of €378 that a decrease of the Euro against the dollar led to lower prices in dollar terms to $426 per ton. The price of rapeseed in Ukraine is growing after the European market and has already reached the level of $418 to 420 with delivery to the port.

 

Prices in the domestic grain elevators also increased to UAH 11400-11600. per tonne, helped by an increase in foreign currency prices and the depreciation of the hryvnia at UAH 25,15. to 25.25 UAH. for a dollar last week.