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The recovery of China's economy can support prices for vegetable oils
19.03.2020
China has proven that strict quarantine measures and testing of the population can effectively deal with the disease. Yesterday in Wuhan, which is the epicenter of the epidemic Covid-19, for the first time since the outbreak of infection was not recorded new cases of infection. The country yesterday revealed 13 new cases of infection, of which 12 is the virus, brought from abroad, and only 1 person was infected in China. China begins to cancel the quarantine and restore the normal...
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Oil prices fell to 20-year low
19.03.2020
Panic in the world markets is enhanced through a fast Respondent coronavirus countries in Europe and in the USA, where during the day, the number of cases has doubled, and the virus is detected in the 50 States as well as in Los Angeles and new York. After the crash on Monday, stock indexes Dow Jones, Nasdaq and S&P 500 on Tuesday rebounded slightly, but on Wednesday again fell to 4.7 to 6.3%, resulting trades are automatically stayed for 15 minutes for the fourth time in two...
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Purchase prices for grains in Ukraine on March 19, 2020
19.03.2020
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 Rye grade II ...
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The forecast of grain production in the EU reduced
18.03.2020
the Experts in the second Coceral forecast for 2020 was reduced in comparison with the previous report, assessment of the grain harvest in the EU including the UK with 302,7 to 302,5 million tonnes, 5.2 million tonnes lower than in 2019 the Forecast of wheat production (excluding durum) decreased from 137,9 to 136.5 million tonnes, while last year its yield amounted to 145.7 million tonnes Decrease in production due to a sharp reduction in acreage in the UK due to the strong rains...
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Corn prices fall after the price of oil
18.03.2020
After the fall of the financial markets on Monday at 10-12%, the US government yesterday promised to another business support measures, allowing stock indexes rose 6%. the oil Market suffers from tension between Russia and Saudi Arabia, as well as saracennia demand as a result of the suspension of flights between the countries due to pandemic Covid-19. The price of Brent crude oil yesterday fell 7% to 28.5 $/barrel, while U.S. crude oil prices Monday fell by 13% to 26,4 $/barrel....
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The national Bank continues to struggle with the excessive demand for foreign currency
18.03.2020
In Ukraine, the hryvnia continues to depreciate, amid falling global markets and panic caused by the pandemic virus Covid-19. For two weeks the rate has fallen from 24.5 to 27.1 UAH/$. the Introduction of quarantine in the country and travel restrictions slow the spread of the disease, but would reduce state revenues, which in the first quarter and was 20% less than planned. This was the main factor in the growth of the dollar on the interbank market, to which later was added an...
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Purchase prices for grains in Ukraine on March 18, 2020
18.03.2020
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 ↑ 150 6438 Buckwheat 13000 Rye...
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The vegetable oil markets immediately responded to the stock market collapse
17.03.2020
prices of vegetable oils, which mostly depend on oil prices yesterday came under strong pressure drop in stock indices and oil prices caused by the pandemic virus Covid-19. the Closure of the borders between countries reduces the demand for oil and the introduction of the quarantine and prohibition of work of establishments reduces demand for products. Yesterday the price of Brent crude fell 14% to $30/barrel, per month decreased by half and reached its low 2016 level....
