Traders raising bid prices of corn in Ukrainian seaports – APK-Inform

Source

APK-Inform

8899

According to APK-Inform, the bid prices of corn have been growing during the last two weeks in the ports of the Danube and Great Odesa.

The prices were supported by more stable demand from traders amid stronger export compared to other crops and expected decrease of corn production in the drought-hit EU.

Traders raised their bid prices of corn for delivery to the ports of the Danube and Great Odesa to 190-215 USD/t CPT-port (180-200 USD/t two weeks ago) or 7200-8350 UAH/t CPT-port.

At the same time, the large carry-over stocks, progress of the harvesting campaign and lack of storing facilities limited gains.

Follow our newswire to stay informed about further development of Ukrainian grain market. More detailed information is available for those subscribed at our weekly reports.

Advertising

Enter