News

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...

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 ...

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...

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...

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...

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 6367 ↑ 22 4811 4588 ↑ 181 860 ↓ 87 145 ↓ 2 203 Flax 15000 ...

This week, global importers actively held tenders for the purchase of wheat, which supported stock market quotations and purchase prices in Ukraine.   On January 17, the Egyptian GASC held the second international tender of this year, where it purchased 300,000 tons of Russian and 60,000 tons of French wheat with delivery on March 15-30 and payment 270 days after the opening of the letter of credit at an average price of $285.48/t C&F, which corresponds to the price level of...

Traders continue to monitor weather conditions in South America, which mainly favor the development of soybean and corn crops. However, the heat forecast in Argentina in the coming weeks could lower production forecasts, as is currently happening in Brazil.   In Argentina, heavy rains in recent weeks have replenished soil moisture and improved the condition of soybean and corn crops. But dry weather and heat at 28-32 o C in the next two weeks will negatively affect the...