According to APK-Inform, the prices of wheat increased slightly in Ukrainian ports of the Danube last week for the first time since late June.
The prices were supported by expectation for unblocking of three ports of Odesa and stronger trade. Higher prices on the stock markets amid good import demand and drought in the EU and the USA pushed the prices up too. Abnormal drought and no rains resulted in critical decrease of water level of the Danube that would lead to smaller export transportation.
The bid prices of 2-grade, 3-grade and feed wheat totaled 170-195, 160-193 and 130-150 USD/t in the ports of Reni and Izmail that was up slightly compared to the previous week.