In Ukraine reduced purchasing prices for the oilseed
Fall in oil prices and the approach of a record soybean crop in the US caused a decline in prices for soybeans, rapeseed and rapeseed products in the world markets.
Prices for rapeseed on the MATIF declined in the last week from €378 €371, which led to a decrease in the price of rapeseed in Ukraine from $412 to $405-407 tone or 12000-12200 UAH/t with delivery to the port.
The price of soybeans on Chicago stock exchange has dropped from $360 to $349, and in Ukraine from $365 to $360 or 11000-11200 UAH/t with delivery to the port.
In Ukraine, the instability of the national currency also causes the fluctuation of the purchase price in accordance with the change of the hryvnia against the dollar.
Experts predicted that the price of sunflower significantly reduced under the pressure of the record harvest. However, the rapid growth of demand prices for sunflower and the depreciation of the hryvnia in early September raised the prices to 10300-10500 UAH/t with delivery to the plant and 9800-10000 UAH/t on the elevators.
Yesterday's strengthening of UAH 0.50 UAH/dollar led to lower prices for sunflower 200-300 hryvnia. The purchase price of sunflower decreased to 9900-10000 UAH/t with delivery to the plant, and 9500-9600 UAH/t on the domestic elevators.