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Egypt bought sunflower oil at a price of $150/t lower than in February
21.04.2023
Egypt's state-owned operator GASC this week held an international tender for the purchase of vegetable oils, where it purchased 35,000 tons of sunflower oil, but refused to buy soybean oil, as its prices were $80/t higher than sunflower oil. At the tender on April 19, GASC purchased 35 thousand tons of sunflower oil (17 thousand tons from Agric, 12 thousand from Green Suppliers and 6 thousand from TOI Commodities) with delivery from May 25 to June 18, 2023 and immediate payment...
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The European Commission will not allocate financial aid to EU countries that do not cancel the ban on grain imports from Ukraine
21.04.2023
The European Commission announced yesterday that Poland, Hungary, Slovakia, Romania and Bulgaria will not be able to receive the financial aid proposed by the European Commission unless they cancel the restrictions on the import of agricultural products from Ukraine. Vice-President of the European Commission Valdis Dombrovskis said that "the European Commission took into account the opinions of all participants in the negotiations. In the coming days, political consultations...
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Purchase prices for grains in Ukraine on April 21, 2023
21.04.2023
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 2833 Mustard seeds 60000 850 Peas 9667 ↓ 83 Rye grade IV 5600 Corn 7500 ↓ 25 5721 ↓ 363 5350 195 ↑ 1 180...
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Romania, Slovakia and Hungary will not limit the transit of Ukrainian agricultural products
20.04.2023
Romania, Slovakia and Hungary have promised not to restrict the transit of Ukrainian agricultural products on their territory, while negotiations regarding their import to the specified countries under the import regime are still ongoing. The Minister of Agricultural Policy of Ukraine, M. Solsky, announced this at an extraordinary meeting of the Coordinating Council at the Ministry. He also spoke about the main requirements that must be met during the transit of domestic...
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Ukraine and Turkey agreed on resuming inspections of vessels moving along the grain corridor
20.04.2023
At a meeting with the Minister of Defense of Turkey Hulusi Akar, the Vice-Prime Minister of Ukraine O. Kubrakov agreed on the resumption in the next three days of the temporary scheme of registration and inspection of vessels moving along the grain corridor. The transitional scheme will be as follows: 50% of the ships will be inspected according to the list provided to the SCC by the Ukrainian side, and the other 50% will be the ships that are waiting in line for the longest time...
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The European Commission requires the Eastern EU countries to comply with trade issues and offers them financial assistance
20.04.2023
The head of the European Commission, Ursula Von der Leyen, proposed a program to help farmers of eastern EU countries in the amount of 100 million euros in exchange for the lifting of the ban on the import of grain from Ukraine and demanded compliance with the unity of European countries in matters of trade. In the statement of the European Commission published yesterday, it is said that the most affected farmers have already been allocated aid and a new support program is being...
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Purchase prices for grains in Ukraine on April 20, 2023
20.04.2023
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 2750 ↓ 150 Mustard seeds 60000 850 Peas 9500 Corn 7525 6084 ↑ 39 5350 ↓ 32 195 ↑ 1 185 ↓ 6 226 ↑ 4 rapeseed cake ...
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Palm oil rose in price by 4% due to the blocking of sunflower oil supplies from Ukraine
19.04.2023
Palm oil futures rose more than 4% yesterday, the biggest daily gain since December, after last week's 6.9% drop. The reason was forecasts of a reduction in supplies of sunflower oil from Ukraine and soybean oil from Argentina. July palm oil futures on Bursa Malaysia rose 4.1% to 3,787 ringgit/t, or $855/t yesterday, but remained 4.7% cheaper than two weeks ago. Prices support traders' fears of the closure of the Black Sea Grain Corridor after May 18, which...