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Global sugar prices, after falling to a five-year low in February, rose 9-13% in March to their highest in five-seven months, on the back of a 50% surge in oil prices triggered by the Iran war. They are also supported by supply disruptions caused by the closure of the Strait of Hormuz, which Covrig Analytics estimates has cut global sugar trade by about 6% and reduced refined sugar production.   The main driver of the increase in sugar prices was the intention of Brazilian producers...

Processors in Ukraine continue to experience a shortage of sunflower supply, so they are actively raising purchase prices, taking advantage of high oil prices and significant export demand. The increase in the cost of diesel fuel has practically stopped transportation across Ukraine, which is also negatively affecting supplies.   Forecasts of a sharp increase in vegetable oil prices due to the war with Iran have not come true, and prices remain fairly stable , and news of...

World prices for vegetable oils have stabilized and stopped responding to speculative jumps in oil prices.   In the physical market, India continues to actively buy cheap palm oil, reducing demand for sunflower oil, while biodiesel producers receive raw materials under previously concluded contracts and are in no hurry to raise prices, expecting a drop in oil prices.   May palm oil futures on Bursa Malaysia started the week yesterday after a long weekend with a 1.6% drop...

Rising oil prices have forced funds to turn their attention to grain markets, with May and December SWOT corn futures hitting local highs. Fundamentals remain mixed. U.S. exports are ahead of expectations, and ethanol demand is supporting prices. However, Brazil plans to sharply increase its export rate from April, which is currently below last year's. Argentina is ramping up its harvest, so competition in the market will soon intensify.   Ukraine exported 1.8 million tons of...

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 FCA, $ CPT terminal, $ DAF, $ CIF, $ Wheat mill offals6000 ↓ 250Mustard seeds35000Peas11500200Coriander32000Corn1043889218600 ↓ 103214214250Soybean hulls granulated150Soybean meal350Chick-peas25000Rape-seed oil1035Sunflower...

The fertilizer season has already begun, and the situation in the Middle East, home to the world's major fertilizer producers and exporters, remains tense. So, having analyzed the price trends in the fertilizer market over the past week, we tried to understand what to expect next.   The blockade of the Persian Gulf has led to a sharp increase in oil and fertilizer prices, which will affect the cost of agricultural products worldwide and cause an increase in prices for grains and...

After 24 days of war between Israel and the US against Iran, an event long awaited by analysts occurred, which came as a surprise to the markets.   Trump on Saturday gave Iran an ultimatum: if the Strait of Hormuz is not opened by Monday evening, the US will attack Iranian power plants, plunging Iran into chaos. Iran responded by saying it would mine the “entire Persian Gulf” and attack all desalination systems in the region.   President Trump announced early...

According to the SEA Association, prices for imported sunflower oil on a CIF Mumbai basis have increased compared to last week, month and even year. Recall that the CIF Mumbai price includes the FOB Black Sea price and the cost of freight, insurance and port charges.   Soybean oil rose the most among all imported oils on a CIF Mumbai basis for the week and month, although the annual price increase is quite significant. Palm oil prices rose moderately for the week and significantly...