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Purchase prices for grains in Ukraine on April 10, 2023
10.04.2023
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 3075 Peas 7380 370 Corn 7750 5935 6200 5195 ↑ 18 197 ↑ 4 191 ↓ 4 223 ↑ 4 rapeseed cake 240 300 Soybeen cake ...
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India is increasing its imports of palm oil, while purchases of sunflower oil are minimal
07.04.2023
According to traders, thanks to lower prices for vegetable oils, India in March increased palm oil imports by 28% compared to February from 586,000 tons (which was an 8-month low) to 750,000 tons, but reduced soybean oil imports by 27% to 259 thousand tons and sunflower - by 4% to the 5-month minimum of 150 thousand tons, while in January its import reached 450 thousand tons. In April-May, palm oil imports are expected to decrease due to a narrowing of the spread relative to other...
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The strongest drought in the last 100 years has caused significant damage to Argentina's economy
07.04.2023
Argentina's economy is in a long-term crisis: inflation in 2023 exceeded 100%, and the debt to the IMF is more than 44 billion dollars, so export performance is critically important. According to official forecasts, the harvest of soybeans and wheat this year will decrease by half, and corn - by a third, although these crops provide the main budget revenues and are the leaders of exports. The final extent of the damage will only be known when the harvest begins, but it too will...
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The Egyptian GASC purchased 600,000 tons of Russian wheat at a tender
07.04.2023
The Egyptian GASC purchased 600,000 tons of Russian wheat for delivery on May 10-20 and 21-31 at a tender on April 6 at a price of $293-294/t C&F. The price of Russian wheat on an FOB basis was $275/t, which was $3/t higher than the price of Ukrainian wheat, but the high cost of freight from Black Sea ports made Ukrainian products uncompetitive. At the same time, Romania, Bulgaria and France were also unable to compete with the significant amount of supply from the Russian...
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Purchase prices for grains in Ukraine on April 7, 2023
07.04.2023
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 3033 Mustard seeds 44000 Peas 7380 100 370 Coriander 100 Corn 7700 6087 6200 ↓ 550 5418 ↑ 10 199 ↑ 4 191...
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Despite the delay of ships, the pace of exports from Black Sea ports remains high
06.04.2023
During the 35th week of operation of the grain corridor (March 27 - April 2), the export of grain from the sea ports of Odesa increased by 6% compared to the previous week to 852.4 thousand tons, although the number of loaded ships decreased by 4 to 18 units. The reason was the agreement of the exporters to use ships with a tonnage of more than 35,000 tons for loading in Black Sea ports, as well as an increase in supplies to Asian countries (primarily, China) by ships of 50,000 tons and...
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Rapeseed prices fell by 5.6% under the pressure of forecasts of a good harvest in the new season
06.04.2023
Against the backdrop of a sharp increase in oil prices, rapeseed prices on the European exchange, after reaching a minimum of €430/t on March 22, recovered to €490/t on Monday. Analysts had expected quotes to stabilize at this level, but by Wednesday they had fallen again by 8.2% on forecasts of an increase in the oil harvest in the new season. Yesterday, May rapeseed futures on the Euronext exchange fell by 5.6% to €453/t or $493/t (-19% for the month) against the...
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The increase in the price of sugar to a 6-year high will contribute to the activation of exports from Ukraine
06.04.2023
U.S. raw sugar prices rose to a 6-year high of $22.4/lb amid rising demand for biofuels and reduced sugar production. The decision of the OPEC+ countries, in particular Saudi Arabia and the Russian Federation, to reduce oil production from May until the end of the year led to a sharp increase in quotations, which will stimulate sugar cane producers to sell the harvest not for processing into sugar, but for the production of biodiesel. In addition, Brazil's new government halted...
