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Purchase prices for grains in Ukraine on January 23, 2024
23.01.2024
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 2575 ↑ 75 Peas 9750 Rye 5000 Corn 6350 ↑ 45 4748 4575 152 145 ↓ 3 207 ↑ 2 Flax 15000 ...
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Low yields in Brazil and heat forecasts in Argentina support soybean quotes
23.01.2024
Brazil has begun harvesting soybeans, but preliminary data on yields in the central states confirm pessimistic production forecasts. This supported the quotes, which fell to a 2-year low last week. According to the AgRural agency, as of January 18, soybeans in Brazil were harvested on 6% of the area (4.2% last year) due to dry weather in the central regions. In Mato Grosso, the state most affected by the drought, yields are, as expected, very low. At the same time, analysts were...
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Oil prices rose by 2% against the background of frost in the USA and the attack on a port in the Russian Federation
23.01.2024
The attack by Ukrainian drones on the Russian export oil terminal in the Baltic Sea led to a speculative increase in world oil prices by 2%. Quotations were also supported by frost in the USA, due to which parts of the platforms stopped oil production. On the night of January 21, Ukrainian UAVs attacked the oil terminal of the Sea Trade Port in the village of Ust-Luga, Leningrad region, after which the Novatek plant, which supplies oil to world markets and the Russian army, was...
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Europe has overcome the energy crisis and gas prices have started to fall
23.01.2024
The sharp rise in gas and electricity prices has led to an energy crisis in Europe. But significant gas reserves, warm winters and the use of renewable energy sources helped overcome the crisis. In January, average gas prices on European exchanges did not exceed 30 euros per megawatt hour, while in 2022 peak prices were 10 times higher. However, in 2023, during the period of low prices, European countries were able to accumulate record gas reserves in underground...
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Purchase prices for grains in Ukraine on January 22, 2024
22.01.2024
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 2500 Peas 9750 Rye 5000 Corn 6350 ↑ 45 4748 ↓ 63 4575 151 ↓ 2 145 ↓ 2 206 ↑ 1 Flax 15000 ...
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Ukrainian soybean prices fell by $20/t across all sales channels
22.01.2024
Against the background of a further decrease in world quotations for soybeans in Ukraine, the prices of soybeans in all directions of sale also fell by $20/t, Spike Brokers reports. Currently, the demand prices for GMO soybeans are: DAP Ukraine (Odesa) - $440-450/t, DAP Ukraine (border) - 360-370 €/t, DAP Italy (Mon.) - 445-450 €/t, DAP Turkey (Mon.) - $490-500/t, CIF Egypt (port) - $510-515/t. At the same time, the prices of sunflower with...
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Rising palm oil prices in Malaysia will limit increased competition from soybean oil
22.01.2024
The vegetable oil market remains uncertain due to a significant volume of offers in the current season, increased demand from China and a sharp decline in soybean oil prices. Palm oil futures in Malaysia rose for two straight weeks on forecasts of a cut in production in January, despite falling global oil prices. On Friday, March palm oil futures on Bursa Malaysia rose 1.1% to 3,939 ringgit/t or $833/t (+2.1% for the week, +6.6% during January). Palm oil supplies are...
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A cut in demand from China is pushing down soybean prices in Brazil
22.01.2024
Soybean prices in Brazil fell sharply at the beginning of January amid increased new crop supplies and reduced export demand, particularly from China. China is reducing its soybean purchases in anticipation of further price declines in South America, amid rising soybean inventories and lower pork prices. According to CNGOIC (China National Grain and Oil Information Center), soybean stocks in China increased by 8% for the week and amounted to 7 million tons as of...