Despite bearish factors, demand from some importers supported corn prices at Ukrainian western borders – APK-Inform




According to APK-Inform, the export prices of Ukrainian corn were quite stable at the western borders last week. At the same time, there was some upward price trend for certain export directions.

The prices were pressured by large supply amid excess stocks and start of harvesting campaign. However, slow export via alternative routes amid limited capacities and expensive logistics supported the prices. For some export routes, stronger demand from buyers pushed the prices up.

The bid prices of Ukrainian corn for delivery in July-August stayed at 220-235 USD/t DAP Poland, and 215-230 USD/t DAP Hungary. The bid prices increased by average 10 USD/t to 250-265 USD/t DAP Slovakia.

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