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The state-owned Egyptian operator GASC purchased 360,000 t of wheat for September 1-10 delivery at an August 2 tender at an average price of $263.68/t C&F, which is 8% higher than the purchase price of the June 6 tender, where GASC purchased the lot (the cheapest of those offered) 55 thousand tons of Russian wheat from Agric SA at a price of $244.5/t C&F ($229/t FOB + freight $15.5/t).       The number of bids submitted to the tender increased sharply from...

On the night of August 2, the Russian Federation attacked the port of Izmail with drones, which led to destruction, fires, the reduction of 40 thousand tons of grain and the shutdown of one of the two largest Danube ports, which were the only working route for the export of grain from Ukraine.   Against the background of the completion of the grain agreement, the suspension of exports through the Black Sea ports and the blocking of Ukrainian imports by the neighboring EU countries,...

India increased its imports of edible oil to a record 1.76 million tonnes in July as refiners ramped up stockpiles ahead of the festivals, given volatile supplies from the Black Sea region and an increase in the discount on palm oil compared to soybean and sunflower.   The activation of imports by the world's largest buyer of vegetable oils will lead to a reduction in palm oil stocks in Malaysia and Indonesia, will support the prices of basic products and soybean oil, and will...

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  EXW elevators, UAH CPT processor, UAH FCA, UAH CPT terminal, $ DAF, $ CIF, $ Wheat mill offals 3367 Mustard seeds 76000 Peas 7300 7500 145 Buckwheat 1111 Corn 5500 6300 4839 170 165 233 ↑ 7 Soybeen cake 17550 Sunflower...

Malaysian palm oil has fallen for six straight sessions and futures fell to a 3-week low yesterday ahead of July production and export data. Experts believe that importers have built up enough stocks, so Malaysia will reduce supplies in August after strong exports in June and July.   In July, palm oil exports from Malaysia grew by 7.8% compared to June, according to surveyor AmSpec Agri Malaysia, and by 14% according to Intertek Testing Services (ITS). September palm oil futures on...

On the night of August 2, Russian troops again attacked the port and industrial infrastructure of the south of Odesa region, in particular the Danube ports of Reni and Izmail, with approximately 15 kamikaze drones. Groups of drones released from Crimea entered Ukraine along the mouth of the Danube in order to remain undetected.   "As a result of the attack, fires broke out at the facilities of the port and industrial infrastructure of the region, and the elevator was damaged....

Speculative jumps in wheat prices continue on the world market, provoked by the Russian Federation, which is trying to sell its harvest at the best prices, for which it blocks exports from Ukraine. Chicago soft wheat prices rose 12% in the week before last amid shelling of Danube and Black Sea ports, but fell 16.9% last week, including 8.2% over the last two sessions on news of the so-called breakout of the three ships to the ports of Ukraine, although in fact they did not go to the Black Sea...

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  EXW elevators, UAH CPT processor, UAH FCA, UAH CPT terminal, $ DAF, $ CIF, $ Wheat mill offals 3367 Mustard seeds 76000 Peas 7300 145 Buckwheat 1111 Corn 5500 ↑ 25 6300 4827 170 ↓ 5 165 233 ↑ 42 Soybeen cake 17550 ...