Oilseeds Market Weekly Report: Russia & Ukraine (25/09/2006 – 29/09/2006)

Source

APK-Inform

3406

Russian domestic market

The market of sunflower seeds kept on bearish tendency. 

Seasonal increase of offers of crude sunoil was accompanied with price reducing.

Prices for sunmeal in South Region decreased.

Ukrainian domestic market

During the last week, the market of sunflower seeds kept on tendency of reducing the prices. Some processors stopped purchases waiting for the stabilization of prices on the market.

Prices on the market of crude sunflower oil reduced. Increased quantity of offers of oil produced from new crop seeds led to new revision of prices.

Limited quantity of offers for sunmeal on the domestic market continued supporting of the prices.

Export market situation (Russia + Ukraine)

Prices in offers for purchasing crude sunoil on FOB terms for delivery in October-November were decreasing on the export market in the Russian ports.

During the week, the range of prices for crude sunoil on the export market in Ukrainian ports was unchanged. At that, the market operators noticed activity in concluding new external economic contracts.

The export market of sunflower seeds remained unchanged.

Demand for rape from exporters was still high. Level of purchasing prices remained high.

Offers for sunmeal on DAF terms were declared at the earlier established prices.

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