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A sharp rise in the price of palm oil supported the prices of oilseeds
12.08.2021
Yesterday, after the release of data on a reduction in palm oil production and reserves in Malaysia, October futures for it on the Kuala Lumpur Stock Exchange rose immediately by 7.4% to 4,511 ringgit/ton or 1 1,065/ton, approaching the highest values of the last year. An additional factor influencing prices remains the spread of the Delta coronavirus strain in Indonesia and Malaysia, which may lead to increased quarantine and further reduction in production due to a shortage of...
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The Cabinet of ministers replaced the head of Ukrzaliznytsia and raised tariffs for freight rail transportation
12.08.2021
At a meeting on August 11, the Government of Ukraine dismissed Acting Chairman of the management board of Ukrzaliznytsia Ivan Yurik and appointed Oleksandr Kamyshyn to this position after the national security and Defense Council of Ukraine initiated the introduction of temporary management at Ukrzaliznytsia until the election of the chairman of the management board and the formation of new management bodies, taking into account the critical state of the company, which threatens the national...
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Purchase prices for wheat in the ports of Ukraine again increased to 8000 UAH / ton
12.08.2021
Wheat prices continue to rise rapidly in Ukraine, and yesterday some buyers raised purchase prices for food wheat of the 2nd Class with protein of 12.5% to 8000 UAH/ton or 260-263 $/ton with delivery to the port. Starting from July 1, Wheat prices increased by UAH 1,500/ton, and only in August by UAH 1,000/ton against the background of quality problems and following a rapid rise in the price of Russian wheat. Due to prolonged precipitation in Ukraine, the share...
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Purchase prices for grains in Ukraine on August 12, 2021
12.08.2021
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 5100 3900 Mustard seeds 9033 Peas 7550 7463 ↑ 55 230 Buckwheat 18250 Rye 5000 Rye...
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Forward prices for corn in Ukraine continue to grow
11.08.2021
Speculative growth of wheat prices in Ukrainian ports to the level of 2 250/ton and above continues to support forward corn prices, even despite favorable weather conditions for wheat harvesting and the development of corn crops. Forecasts for record wheat and corn harvests in Ukraine this year are more realistic than in the previous season, but traders are actively buying wheat and corn at rising prices amid lower forecasts for the wheat harvest in Canada and the United States and...
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India increases production of oilseeds to reduce imports of vegetable oils
11.08.2021
Indian Prime Minister Narenda Modi announced that the country is launching a program to develop its own production of oilseeds, which will meet the needs for food oils and lead to a reduction in their imports, for which 110 billion rupees or.1.48 billion have been allocated. India is the world's largest importer of vegetable oils, spending an average of 8 8.5-10 billion annually, so any reduction in imports will significantly affect world oil prices. The country...
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Forecasts of a decline in global wheat production and stocks are pushing prices up
11.08.2021
On the eve of the release of the updated USDA balance sheet, analysts publish their own estimates, which predict a decrease in global wheat production and reserves. This increases speculative price growth on stock exchanges and physical markets, and also supports prices for Black Sea wheat. According to the average estimate of analysts, in the August USDA report, the forecast for global wheat production will be reduced by 4.6 million tons, and final reserves – by 9.7 million...
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Purchase prices for grains in Ukraine on August 11, 2021
11.08.2021
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 5100 3900 Mustard seeds 9033 Peas 7550 7408 230 Buckwheat 18250 ↓ 1250 Rye grade II 150 ...