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Rising Panamax Freight Rates from Ukrainian Ports to China with the Onset of the New Season
24.06.2024
In the Panamax sector, charterers are compelled to increase freight rates for grain transportation, similar to the barge segment. Meanwhile, there are no significant changes in the coaster and handysize sectors, with rates showing minor fluctuations of +/- $1/ton on specific routes, reports the Ukrainian Grain Association (UGA) citing ASAP. In the Panamax sector, shipowners are successfully insisting on higher rates due to active demand for barley deliveries in late June and the...
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Purchase prices for grains in Ukraine on June 21, 2024
21.06.2024
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, $ Wheat mill offals 3850 142 Mustard seeds 111 Peas 12367 280 Buckwheat 500 Sugar beet pulp gran 155 Corn...
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Soybean Prices in Ukraine Continue to Decline Due to Increased Supply from South America
21.06.2024
The end of the soybean harvest in Brazil and Argentina, along with the increase in exports, continues to limit export demand for soybeans in Ukraine and the USA, leading to a decrease in prices. Export demand prices for GMO soybeans continued to decline amid reduced purchasing activity by companies. Currently, prices are only around $410 per ton or 18,500-19,000 UAH per ton delivered to Danube ports. Purchases in Black Sea ports are practically non-existent as terminals are already...
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Heat Wave in the USA and Improved Weather Conditions in the Black Sea Region are Key Factors Affecting Markets in the Coming Weeks
21.06.2024
Traders are currently focusing on the weather conditions in Russia, where the situation for spring crops is improving, as well as in the southeastern United States, which is experiencing a heatwave but is expected to see new thunderstorms and rain next week. Throughout this week, daily rains and thunderstorms have continued in the northwestern part of the Midwest and the Central and Southern Plains of the United States, which has been very beneficial for crop development. However,...
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Ukraine and the European Commission Extend "Transport Visa-Free Regime" Until 2025
21.06.2024
Ukraine and the European Commission have agreed to extend the "transport visa-free regime" for one year, with the possibility of automatic extension until the end of 2025. This was reported by RBC-Ukraine, citing Ukrainian Prime Minister Denys Shmyhal on Telegram and the press service of the Ministry of Restoration. The agreement was signed today in Brussels with the bilateral participation of representatives from Ukraine and the EU. As a result, freight transportation...
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Purchase prices for grains in Ukraine on June 20, 2024
20.06.2024
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, $ Wheat mill offals 3850 Mustard seeds 111 Peas 12250 Buckwheat 500 Sugar beet pulp gran 155 Corn 8057 ...
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Export Demand for Corn in Ukraine Has Dropped Sharply
20.06.2024
The robust export demand for Ukrainian corn in April and May facilitated the export of about 7 million tons of corn over the past two months. As of June 19, Ukraine has exported 28.19 million tons of corn since the beginning of the 2023/24 marketing year (compared to 28.18 million tons on this date last year) with a USDA forecast of 26 million tons. Purchase prices for corn have continued to decline over the past week (due to the closure of export programs by major traders) to...
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Ukraine to Introduce Mechanism for Minimum Export Prices on Grain, Oilseeds, and Sunflower Oil
20.06.2024
The Ministry of Agrarian Policy of Ukraine plans to implement a mechanism for minimum export prices on various agricultural products, including grain, oilseeds, and sunflower oil. During an online meeting of the Trend&Hedge Club on June 19, a representative from the ministry, Mykhailo Sokolov, explained how the minimum price will be calculated and its potential impact on the market. According to Sokolov, the calculation of the minimum price will be based on official customs...