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India reduced the import of vegetable oils, however, China continues to prop up markets
09.09.2020
According to preliminary estimates of experts of the Indian Agency GGN Research, India in August have reduced compared to July, total import of vegetable oils 17% from 1.52 to 1.3 million tons. in Particular, reduced the import: the soya – 24% - with 484,5 to 391 thousand tons, sunflower by 32% from 208,7 to 158 thousand tons. palm oil by 11% from 852,5 to 734 thousand tons, This confirms the predictions of the reduction in the consumption of...
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The increase in production forecasts for the EU and Australia puts pressure on the price of rapeseed
09.09.2020
the Decline of oil prices and the higher forecast of rapeseed production in the EU, Canada and Australia stopped rising prices for rapeseed, and soon could deploy them down. the November canola futures at Matif Paris on Friday rose up to 384, 5 Is/t, and yesterday dropped to 383,75 Have a/t or 451,88 $/t Experts Stratégie Grains in the updated report due to higher than expected yields in the Northern and Central regions of Europe increased compared with the...
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Oil prices are plummeting, and yesterday lost another 7-8%
09.09.2020
After the long weekend stock indices and oil prices on the U.S. stock exchanges continued Friday's falling. If the stocks value of the shares after the fall on Friday of 6.8-11% yesterday has decreased on 2,25-4,1%, while oil prices have fallen by 6-8%. November futures on Brent oil fell by 6.8% to its lowest since June 25, the level of 39.6 $/barrel, and WTI – by 7.8% to 36.5 $/barrel. shares of the company Tesla, the capitalization of which in January...
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Purchase prices for grains in Ukraine on September 9, 2020
09.09.2020
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, $ Vetch 9313 Wheat mill offals 4325 200 3500 120 Mustard seeds 13000 11010 Peas 6425 5975 6000 202 205 Buckwheat 19000 ...
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CISS Group. When we at work – you can relax!
08.09.2020
CISS abbreviation means Commodities International Shipping and Survey. Head office located in Singapore. The CISS GROUP consists of three different independent business directions. In the Survey: 1. Cargo inspection of different commodities and cereals fumigation. GAFTA, FOSFA approved. In the Shipping: 2. Vessels chartering, ships operation and management. 3. Marine power plant plants maintenance & repair by mobile team, focusing on LNG vessels. Crew...
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Forecast of harvests of late crops for Ukraine once again reduced
08.09.2020
as a Result of adverse weather conditions of July-August in some regions of Ukraine, experts of the "Ukrainian club of agrarian business" again lowered the forecast harvest of late crops. it is Expected that corn production will drop from the earlier forecast of 35.1 million tonnes to 32 million tonnes, area for harvest will amount to 5.25 million hectares and the average yield of 61 kg/ha. Adverse weather prevailed throughout the country, but the largest...
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The purchase price of soybeans and sunflower in Ukraine continue to grow rapidly
08.09.2020
In this season of unusually high prices for vegetable oils at the beginning of the harvest, and reduced harvest forecasts to soybean and sunflower in the result of the August drought has led to an increase in purchase prices for the specified culture. the price of vegetable oil last week rose to their highest January level amid increased demand from China. First, rose palm oil, and then on the back of lower forecast production it was joined by soybean and...
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The increased demand increases the price for black sea wheat
08.09.2020
Despite the increase in production forecasts for Russia and Australia, world wheat prices remain relatively high. This contributes to the stocks of black sea wheat, which is the cheapest on the market. the Market awaits the release of the September USDA report, which can raise the forecast of world wheat production, but until the next execution of contracts traders are forced to raise prices against the background of containment sales by producers and strong demand from...