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The increase in quotations for vegetable oils supports demand and prices for Ukrainian sunflower oil, especially given the reduction in its supply at the end of the season.   During the week, demand prices for Ukrainian sunflower oil rose by $30-40/t to $880-900/t FCA - factory, and prices with delivery to buyers - up to $950/t, despite difficulties with shipments from Black Sea and Danube ports due to Russian attacks.   Sunflower stocks are dwindling, so factories are...

During the month, oil quotations gradually increase in price against the background of statements about the reduction of production in August by Saudi Arabia by 1 million barrels and the Russian Federation by 500,000 barrels, as well as optimistic news about the economy of China and the world.   Yesterday, the IMF raised its global GDP forecast for 2023 to 3% (from 2.8% in April) due to improving macroeconomic indicators in the US.   The Chinese government has announced...

Yesterday, the GUR of the IOM published the data of a closed report "on the work of the Russian part of the SCC during the implementation of the grain initiative", prepared for the highest military and political leadership of the Russian Federation. The document deals with ways of obstructing the operation of the grain corridor, which eventually led to the termination of the agreement.   The main task of representatives of the Russian Federation as part of the SCC was to...

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, $ DAF, $ CIF, $ Wheat mill offals 3850 111 Mustard seeds 15000 76000 Peas 7100 7500 ↑ 400 210 145 Buckwheat 1111 Corn 5450 6300 4763 ↓ 59 173 ↓...

The Indian government has decided to ban the export of rice from the country from July 20, Reuters reports.   The reason for the export ban on white (non-basmati) rice was a sharp 3% rise in domestic prices for the crop over the past month, after heavy monsoon rains badly damaged crops. In general, during the year, the prices of white rice in the country increased by 11.5%.   It is worth noting that India provides 40% of the world's rice exports, so any reduction in...

Corn prices on the Chicago Stock Exchange continued to rise on forecasts of dry and hot weather in the US and amid strikes on the Danube port of Reni in Ukraine.   Yesterday on the exchange in Chicago, September corn futures rose by 6.4% to $220.7/t, and December - by 6% to $223.7/t.   On the night of July 24, the Russian Federation attacked the port of Reni, which, after the completion of shipments from the Black Sea ports, became one of the main routes for the export of...

On the night of July 24, the Russian Federation attacked the Danube port of Reni with 15 Iranian drones, as a result of which three warehouses with grain were damaged, fires broke out, and the reception and shipment of grain was stopped. Exchanges reacted to this with a price jump of 7-8.6%. According to preliminary data, several Romanian barges were also damaged, so shipowners partially transferred their fleet to the Romanian port of Galati, located 26 km from Reni. An escalation of the war at...

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, $ DAF, $ CIF, $ Wheat mill offals 3850 111 Mustard seeds 15000 76000 Peas 7100 7100 210 145 Buckwheat 1111 Corn 5450 4822 173 ↓ 2 165 175 ↓ 4...