Sunflower prices stopped falling and have potential for growth

2016-09-21 12:10:22
Machine translation
Sunflower prices stopped falling and have potential for growth

the rate of the hryvnia against the dollar is fixed at around 25,85-25,95 UAH/USD after declining to 25.7 UAH/USD. This suggests that such a rate is acceptable to both exporters and importers, so it can hold in between long enough.


As a consequence, the price of sunflower stabilized at 9900-10000 UAH/t with delivery to the plant, and 9500-9600 UAH/ton at the domestic grain elevators and processors are slowly stepping up the purchase of raw materials.


The growth of prices for sunflower oil in Europe will support prices on the Ukrainian oil, allowing refiners to actively buy the sunflower seed, cleaning, which is progressing at a rapid pace. So 15.09.16 agrarians have threshed 40% of the area with the sunflower, while collecting nearly 5 million tons of oil.


The price of rapeseed on the MATIF during the past week returned to the level of €378, respectively, the price of rapeseed in Ukraine increased from $407 to $412-415 tone or 12000-12200 UAH/t with delivery to the port.


Prices for soybeans on the Chicago stock exchange also recovered to $362, and in Ukraine rose to $365 or 11000-11200 UAH/t with delivery to the port.