Market situation - oilseeds on July 15 - July 22

Source

APK-Inform

1673

OILSEEDS AND BY-PRODUCTS

CASH MARKET

 

Trade date Friday, July 22, compared with Friday, July 15, 2016

CIS MARKET

Commodity

Terms of delivery

Country

Ukraine, $/MT

Russia (Southern region), RUR/MT

average

weekly change

average

weekly change

Crude SFO, offer (August)

FOB

785

0

$800

0

Crude SFO, bids (August)

FOB

770

-5

$760

0

Crude SFO, offer (September)

FOB

-

0

 

 

Crude SFO, bids (September)

FOB

-

0

 

 

Crude SFO, offer (October)

FOB

745

-5

 

 

Crude SFO, bids (October)

FOB

735

0

 

 

Crude SFO, offer (November-December)

FOB

740

-5

 

 

Crude SFO, bids (November-December)

FOB

735

+5

 

 

Crude SFO, offer

DAP

805

0

 

 

Crude SFO, offer

EXW

880

0

 

 

Crude SFO, bids

EXW

870

0

57 000

0

Crude SFO, bids (July)

CPT

750

-5

56 500

0

Soybeans, bids (July)

FOB

420

0

 

 

Sunflower seeds, offer

EXW

450

0

 

 

Sunflower seeds, offer (July)

FOB

440

0

 

 

Rapeseed, offer

EXW

405

0

 

 

Sunflower meal, offers

DAF

270

0

 

 

Rapeseeds, offers

FOB

410

0

 

 

Rapeseeds, bids (August)

FOB

405

0

 

 

 

WORLD MARKET

Commodity

Terms of delivery

Country

Brazil, $/MT

Argentina, $/MT

EU, $/MT

Bulgaria, $/MT

average

weekly change

average

weekly change

average

weekly change

average

weekly change

Crude SFO, offer

FOB

 

 

780

0

790

-22

 

 

Soybeans, offer

FOB

438

-14

412

-18

 

 

 

 

Soybean meal, offer

FOB

398

-24

398

-25

 

 

 

 

Soybean oil, offers

FOB

708

+12

695

+6

810

+21

 

 

Sunflower seeds, offer

FOB

 

 

380

0

 

 

415-420

-20

 

 

EXHANGE MARKET

 

 

Trade date Friday, July 22, compared with Friday, July 15, 2016

OILSEEDS AND BY-PRODUCTS

Commodity

Exchange/month

Country

Terms of delivery

Settle, USD/MT

Change, %

Soybeans

CBOT, Aug

USA

EXW

369,8

-6,2%

Soybeans

BCA, Nov

Argentina

EXW

288,0

-4,6%

Rapeseed

Euronext, Aug

France

FOB

394,2

-1,6%

Canola

WCE, Nov

Canada

FOB

345,7

-4,9%

Sunflower*

BCE, Oct

Hungary

EXW, Budapest

359,8

-1,2%

Soybean oil

CBOT, Aug

USA

EXW

666,0

-2,2%

Palm oil, crude

BMD, Oct

Malaysia

CPT

570,7

-1,2%

Soybean meal

CBOT, Aug

USA

EXW

382,2

-6,1%

*High oil content sunflower seed

 

Official currency exchange rate - July 22, 2016

USD/RUR

EUR/RUR

UAH/RUR

USD/UAH

EUR/UAH

RUR/UAH

USD/KZT

EUR/KZT

UAH/KZT

63,74

70,30

25,67

24,82

27,33

0,39

342,23

377,24

13,80

 

 

 

 

Sunflower by-products

 

Ukraine

Russia

Sunflower oil

The market of sunflower oil again faced downward price trend.

The offer prices declined to nearly 785 USD/t FOB (August delivery).

The bid prices totaled 770-775 USD/t FOB (August delivery).

The offer prices for September-December delivery stayed at 750 USD/t FOB.

The bid prices for October-December delivery reached 730-735 USD/t FOB.

The bid prices on CPT basis declined to 735-750 USD/t.

Trade activity was low. Companies mainly fulfilled previously signed contracts.

Sunflower oil market faced rather stable price trend.

The offer/bid prices were mainly declarative.

The offer prices stayed at 805 USD/t FOB.

The bid prices totaled 765-770 USD/t FOB.

Trade activity was low again.

Forecast

Market operators expect for prices to be rather stable and trade activity to be moderate.

Market operators expect for stable price trend.

Sunflower meal

The market of sunflower meal faced multidirectional price trends depending on delivery terms.

The offer prices totaled 240 USD/t FOB (August delivery), and the bid prices stayed at 230 USD/t FOB.

For October-November delivery, the offer prices declined to 225-230 USD/t FOB, and the bid prices increased to 220 USD/t FOB.

The offer prices for October-November delivery were announced at 230 USD/t FOB, and the bid prices varied within 215-220 USD/t FOB.

On DAP terms, the offer prices stayed at 255-305 USD/t (August delivery).

The bid prices totaled 210 USD/t DAP-Poland (October-November delivery), and 250 USD/t DAP-Belarus (October-November delivery).

Trade activity was low due to the seasonal factor. Number of companies continued fulfilling previously signed contracts.

Rather stable price trend was observed on the sunflower meal market.

The offer prices stayed at 245-255 USD/t FOB.

The bid prices were unchanged too.

Trade activity was minimal, or exporters fulfilled previously signed contracts.

Forecast

Market operators expect for stable price trend and low trade activity.

Market operators expect for further stable price situation.

 

 

Other oilseeds

 

Ukraine

Soybeans

The market faced rather stable price trend.

The bid prices on CPT basis did not exceed 400 USD/t.

The bid prices for new crop soybeans declined somehow to 375-385 USD/t CPT.

Supply of old crop soybeans from domestic market is lowering.

Trade with old crop soybeans will go down; demand for the new crop oilseed should increase.

Rapeseed

The market again faced upward price trend.

The bid prices for Ukrainian rapeseed increased to 385-390 USD/t CPT.

Trade activity was rather high due to harvest progress.

Market operators do not exclude further price growth.

 

 

 

TRADE DEALS ON THE FEED GRAINS MARKET

 

 

Date

Buyer

Status*

Commodity

Volume, MT

Delivery time

Supplier

Cost, USD/MT, delivery terms

 
 

19.07.2016

Egypt (FIHC)

B

sunflower oil

20`000

August 20 -September 10

Glencore

805

 

Status*:

B - bought; S - sold (export tender); TP — tender postponed, AT — announced tender; CТ — cancelled tender.

 

 

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