To date, the Ukrainian market of soybeans shows the growth of purchasing prices. Many companies reported about the insufficient number of the raw material offers from the oilseed holders, forcing them to raise the bid prices for activation of supplies of soybeans.
At the current moment, the declared bid prices vary within the range of 3800-3900 UAH/t CPT and not less than 3700 UAH/t EXW. It is worth noting that some companies are willing to raise the purchasing prices, but mainly on the relatively large volumes of the raw materials.
In their turn, market participants do not exclude the possibility of the further price increasing.
As a reminder, in the previous week bid prices for soybeans were declared within the range of 3650-3750 UAH/t CPT, and beginning from 3500 UAH/t EXW.
You can receive more detailed information about the soybean market of Ukraine, and the prospects of its development during the international conference "Ukrainian soybean market - 2012" (May 16-18, 2012, Ukraine, Yalta).
You can become acquainted with more detailed information on the conference program here.