According to APK-Inform, last week, the purchasing prices of corn decreased slightly after some stabilization in the Ukrainian ports of the Danube.
The prices were pressured by lower demand from importers and expecting higher number of offers on the global market amid partial unblocking of Ukrainian Black Sea ports. High corn stocks and coming harvesting campaign continued weighting on the prices.
The bid prices of corn decreased by5-10 USD/t to 155-180 USD/t CPT-port in Reni and Izmail. The offer prices on FOB market totaled 220-230 USD/t for delivery in August-September. The offer prices of corn totaled 310-320 EUR/t FOB Constanta.
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