Ukrainian traders raising bid prices of wheat in ports – APK-Inform

Source

APK-Inform

1326

According to APK-Inform, the prices of wheat continued growing in the ports of Great Odesa and the Danube last week.

The prices were supported by stronger demand from traders due to growing export of grain via seaports. Some strengthening of FOB prices added support. The competition between exporters and processors along with reserved farmers’ sales on the domestic market pushed the prices up too. Completion of harvesting campaign of early grains and speed up of winter planting limited gains.

The bid prices of 2-grade, 3-grade and feed wheat increased to 185-215, 180-210 and 150-180 USD/t СРТ-port or 7500-8600, 7300-8450 and 6250-7100 UAH/t in the ports of Great Odesa and the Danube.

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