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Sunflower prices in Ukraine remained stable during the week
27.05.2024
Sunflower prices in Ukraine remain stable as processors reduce demand and some plants prepare to process canola. According to Spike Brokers, the current asking prices for sunflower are: DAP Ukraine (regions) – $370-395/t, DAP Bulgaria (center) – $450-455/t, DAP Bulgaria (port) – $445-450/t, CIF Turkey (port) - $455-460/t. Demand prices for sunflower oil are now as follows: FCA Ukraine (regions) – $750-770/t, DAP Ukraine...
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Purchase prices for grains in Ukraine on May 24, 2024
24.05.2024
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 3200 Peas 12250 ↑ 3060 Buckwheat 480 Rye grade IV 4400 Sugar beet pulp gran 155 ...
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The growth of soybean prices in Ukraine has stopped due to a decrease in export demand
24.05.2024
The completion of soybean harvesting in Brazil and Argentina increased the volume of supply on the world market, which led to a decrease in export demand for Ukrainian soybeans and soybean meal and pulp. Traders have completed soybean purchase programs at ports, so prices remain at $400-415/t or UAH 18,500-19,000/t for GMO soybeans with delivery to Black Sea ports and $460-465/t for non-GMO soybeans with delivery to Danube ports. Processors buy soybeans with GMOs at...
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Increases in palm oil production and inventories have not yet led to lower prices, but could do so in Q2
24.05.2024
Palm oil futures in Malaysia traded flat during the week, despite data on increased production and reduced exports, which will lead to higher inventories and lower oil prices. July palm oil futures on Bursa yesterday rose 0.6% to 3,892 ringgit/t or $828/t (+2.3% on the week) amid rising soybean and sunflower oil prices, which could lead to to the activation of palm oil exports, especially in view of the reduction of stocks in China and India. According to the Palm Oil...
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Dry weather in Ukraine and the Russian Federation continues to worry traders
24.05.2024
In the USA, Canada and Western Europe, favorable rains for crops have passed, but dry weather in the Black Sea countries reduces the potential of the future harvest. Favorable weather remains in the Midwest and US Plains, and rains forecast for the next few days will slow down planting, but will replenish moisture and improve crop condition. Farmers are actively sowing spring wheat and corn between rains, so they can finish the work next week. Normal temperatures will help crops...
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The increase in prices for European wheat reduces exports from the EU and contributes to increasing supplies from the Russian Federation
23.05.2024
A sharp rise in prices for European wheat over the past month, caused by forecasts of a reduced harvest in the Russian Federation in 2024, led to a slowdown in exports from the EU and an increase in supplies of Russian wheat. September wheat futures on the Euronex exchange in Paris in May rose by 14.3% to 259.25 €/t or $280.7/t, and in general, since March 1, they have risen in price by 29%. According to the data of the European Commission (released 3 weeks late),...
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Purchase prices for grains in Ukraine on May 23, 2024
23.05.2024
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 3200 Peas 9190 Buckwheat 480 Rye grade IV 4400 Sugar beet pulp gran 155 Corn 7644...
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Oil prices continue to fall under the pressure of increased reserves in the US and reduced risks of escalation in the Middle East
23.05.2024
During the week, global oil prices fell by 2.6% amid reduced risks of escalation in the Middle East, caused by the death of Iran's president, who was nicknamed "the butcher of Tehran" and was supposed to replace 85-year-old Ayatollah Khamenei. A new president will be elected on June 28, and he will not change the course of the country, but the intensification of the internal struggle of the clans will at least temporarily distract them from the escalation in the world...
