-
India continues to cut its vegetable oil imports, adding to pressure on prices
07.02.2024
In January, compared to December, India reduced the import of edible vegetable oils by 9.2% to 1.19 million tons, in particular sunflower - by 19% to 211 thousand tons, palm oil - by 12% to a 3-month low of 787 thousand tons, at the same time increasing soybean oil imports by 24% to 190,000 tons, which is still significantly lower than the 306,000 tons that were imported on average every month last year. Refiners refuse to buy crude palm oil (CPO) due to negative refining margins...
-
South American soybean oil fell to a 3-year low
07.02.2024
Under the pressure of lower soybean oil prices on the Chicago Stock Exchange and demand from buyers, its spot prices in South America fell below $800/t for the first time since September 2020, S&P Global Platts reports. Thus, as of February 2, the price of Argentine oil for delivery in March was $792.12/t FOB Up River, which is 6.7% lower than at the beginning of the year. In Brazil, soybean oil for March delivery fell 8.4% year-on-year to $798.94/t FOB...
-
Prices for soybean meal in Ukraine are falling under the pressure of low demand
07.02.2024
According to APC-Inform, the long-term increase in prices for Ukrainian soybean pulp at the end of January was replaced by a drop in offer prices. Lower prices for soybeans and significant volumes of raw material receipts reduced the cost of processing, which made it possible to lower selling prices for soybean meal. In addition, livestock and compound feed enterprises, which had significant stocks of the product, reduced pulp purchases in anticipation of further price...
-
Purchase prices for grains in Ukraine on February 6, 2024
06.02.2024
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 2650 80 Peas 10000 10300 230 Rye 5000 Corn 5942 ↓ 327 4951 ↑ 21 4379 148 139 201 ↑ 2 Flax 20400 ...
-
World rapeseed prices are falling, but the demand for it in Ukraine remains high
06.02.2024
Under the pressure of increased offers from European producers and falling soybean prices, February rapeseed futures on the Paris MATIF during the week fell by 2.8% to €414.25/t (-2.4% for the month), but due to the strengthening of the exchange rate euro dollar prices decreased by 3.5% to $445.3/t. March canola futures on the Winnipeg exchange fell 1.8% for the week to CAD 598/t or $443/t (-3% for the month). In Ukraine, rapeseed prices in the ports of the Black...
-
Wheat prices in Ukraine are falling in line with world quotations
06.02.2024
Last week, purchase prices for fodder wheat in Ukraine decreased by $2-4/t to $150-155/t with delivery to the Black Sea ports, but hryvnia prices remained at the level of UAH 6,400-6,500/t against the background of limited supply from producers. Processors reduced prices for 3-class wheat by 200-300 UAH/t to 6,300-6,500 UAH/t with delivery to the mill, while prices for high-quality food wheat with 12.5% protein remained at 7,000-7,300 UAH/t. The decrease in world...
-
Prices and demand for soybeans are falling as the South American harvest continues
06.02.2024
Soybean prices in Chicago fell to a 2-year low, unable to be supported even by a heatwave in Argentina and a downgrade in Brazil's crop outlook. Following world quotations, soybean prices in Ukraine for delivery to Black Sea ports last week fell by $5-10/t to $420-430/t or UAH 18,200-18,400/t, after which processors lowered prices by 200-300 UAH/t up to UAH 16,500-17,300/t with delivery to the factory. The export of soybeans from Ukraine in January decreased by 43%...
-
Purchase prices for grains in Ukraine on February 5, 2024
05.02.2024
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 2650 80 Peas 10000 10300 230 Rye 5000 Corn 5948 ↓ 327 4930 4373 148 139 201 ↑ 2 Flax 20400 10127 ...
