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Panic buying of the products caused a rapid rise in wheat prices
24.03.2020
the introduction of quarantine to combat Covid-19 in various countries of the world, people react in a panic of purchasing products, creating an artificial demand for cereals and pasta. Restriction of movement between countries complicates the logistics and may cause supply shortages. However, a significant world wheat stocks and lower global demand amid prospects of a good harvest in the new season is not of concern regarding food security in the near future. From...
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Prices on sunflowers growing in the vegetable oil markets
24.03.2020
After the sudden collapse of the last two weeks the price of vegetable oil is gradually beginning to grow with the support of positive news: the lifting of the quarantine in China and the revival of economic activity of the country and constraints of port operations through the quarantine has been imposed in Argentina and Brazil, which are major world exporters. In Ukraine, purchasing prices for sunflower received strong support from the growth of prices for sunflower oil and the...
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Purchase prices for grains in Ukraine on March 24, 2020
24.03.2020
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 2900 Wheat mill offals 2900 Mustard seeds 12000 Peas 6625 5950 6438 Buckwheat 13000 16000 Rye...
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FAO believes that the new pandemic could lead to global food inflation
23.03.2020
Quarantines and panic buying of products can trigger global food inflation, despite the availability of sufficient stocks of grains and oilseeds in major exporting countries - according to UN FAO. Panic on the part of large importers, for example, millers or government, can provoke a crisis. Behavior change in food purchasing can lead to disruptions in the global supply chain. in Recent weeks, all countries of the world, from Singapore to the US, the observed queue in...
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Low oil prices continue to put pressure on the corn market
23.03.2020
on Friday in the course of trading, oil prices rose 20%, but later fell back to the opening level of the session. The growth driver was the news about the recovery of China's economy, where increasing demand for oil and other commodities. However, data on the rapid spread of the virus in the United States, where sick more than 30 thousand people, was an additional factor of pressure on the markets. the May corn futures in Chicago on Friday, the first grew after the price of...
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Quarantine contributes to the strengthening of the hryvnia
23.03.2020
on Friday, the hryvnia on the interbank market for the first time over the past few weeks has strengthened since the morning of 28 UAH/$ to 27.5 UAH/$ before closing. on the Morning of 20 March, the NBU sold $ 150 million at the exchange rate 27,99 UAH/$, and by the evening, when the trend is reversed on the contrary, bought $ 50 million at the exchange rate 27,35 UAH/$. To curb the course during the last week, the NBU sold 1,038 billion $. the Introduction of...
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Purchase prices for grains in Ukraine on March 23, 2020
23.03.2020
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 2900 Wheat mill offals 2900 Mustard seeds 12000 Peas 6625 5950 6438 Buckwheat 13000 16000 Rye...
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The purchase price of sunflower oil in Egypt fell by 57 $/t
20.03.2020
Global prices for sunflower and soybean oil this week fell to multi-year highs following the collapse of crude oil prices, which fell to the lowest since 2003 level, on the background of panic on the financial markets caused by the pandemic virus Covid-19. To tender on 20 March, the Egyptian GASC bought 120 thousand tons of vegetable oils: the the company Glenkore 60 thousand tons of sunflower oil with delivery in the period 20 may to 10 June at a price 676,5 $/t, which is 8%...
