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Oil quotations fell by 4% against the background of worsening economic situation in China
08.11.2023
Oil prices fell to a 3-month low on news of a reduction in goods exports from China and a sharp increase in US oil supplies. January Brent oil futures fell 4.2% to $81.6/bbl yesterday, and December WTI oil futures fell 4.5% to $77.4/bbl on macroeconomic data from China , which indicate a slowdown in the development of the world's second largest economy and a possible reduction in global oil demand. In addition, the advance of Israeli troops in Gaza and the fight...
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The growth of sunflower purchase prices in Ukraine is limited by the low processing margin and the drop in oil prices
08.11.2023
Increased demand for sunflower from processors who increased production and export of sunflower oil led to higher purchase prices as farmers refused to sell seeds at low prices. During the week, demand prices increased by UAH 500-600/t to UAH 12,500-13,200/t with delivery to the plant. Against the backdrop of increasing supplies through Black Sea ports, prices at factories in the south of the country rose more than in the center and west. The margin of sunflower processing...
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Ukraine has changed the rules for controlling exported and imported goods
08.11.2023
On November 7, new rules for customs control and registration of export and import goods came into force in Ukraine. Companies that did not manage to receive the relevant simplifications and benefits provided for by the Customs Code of Ukraine and the Convention on the General Transit Regime by the specified date will now need to present the goods to customs, i.e. deliver them to the customs control zone of the customs office where customs clearance is carried...
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Purchase prices for grains in Ukraine on November 7, 2023
07.11.2023
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, $ DAF, $ CIF, $ Wheat mill offals 900 Mustard seeds 629 Peas 195 Buckwheat 7500 Sugar beet pulp gran 11111 Green peas 5000 ...
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Soybean prices rise amid dry weather in South America
07.11.2023
Soybeans on the Chicago Stock Exchange are down for five straight sessions amid dry weather in South America and anticipation of a new UDA report that analysts say will cut soybean production forecasts for the U.S. and Brazil and slightly raise Argentina's. The heat and lack of rainfall in central Brazil may result in replanting of some soybean areas. In the state of Mato Grosso, 83% of the area is sown with soybeans, but in the next 10-14 days there will be heat of 30-36 o C...
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Wheat prices rose slightly, offsetting the previous week's decline
07.11.2023
Last week, December wheat futures on global exchanges partially recovered from the previous week's decline and rose, but remain low amid weak demand and lack of fundamental support factors. Improved weather conditions in the Northern Hemisphere are helping the growth of winter wheat crops and reducing concerns about the fate of the future crop. In the USA, 90% of the planned areas are sown with winter wheat (89% on average over 5 years). Traders believe that the...
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Polish carriers began a two-month blockade of the Ukrainian border
07.11.2023
From November 6, Polish carriers began to block checkpoints on the border with Ukraine, demanding the cancellation of transport visa-free for Ukraine. Until December 3, they promise to allow only one truck per hour in both directions, which has already practically stopped traffic across the border at the largest crossings: Yagodyn - Dorogusk, Krakow - Korchova, Rava-Ruska - Grebenne. The strikers are demanding the return of the permit system for Ukrainian carriers and limiting...
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Purchase prices for grains in Ukraine on November 6, 2023
06.11.2023
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, $ DAF, $ CIF, $ Wheat mill offals 900 Mustard seeds 629 Peas 195 Buckwheat 7500 Green peas 5000 Corn 5500 3942 ↑ 62 2971 ↑ 65...