According to APK-Inform, the prices of corn decreased in Ukrainian ports of the Danube last week. They remained stable for delivery to the port of Constanta.
Massive supply of corn on the domestic market amid large stocks and moderate demand pressured the prices.
The bid prices of corn decreased by average 20 USD/t to 190-220 USD/t CPT-port in the ports of Reni and Izmail, and were down by average 10 USD/t to 250-260 USD/t FOB. The bid prices announced by Turkish buyers were at 270-275 USD/t CIF.
The bid prices of corn for delivery to the port of Constanta remained steady at 270-285 EUR/t (June-July).