A very volatile week for cereal quotes on world exchanges

게시됨 2022년 11월 7일

Tridge 요약

The global grain market experienced price fluctuations due to geopolitical tensions, with Russia threatening to withdraw from the Grain Corridor agreement. This led to increases in US wheat, French wheat, and Ukrainian wheat prices, but prices later stabilized. Meanwhile, US corn and Russian corn prices saw decreases. The price of barley and rape also increased, and the price of crude sunflower oil and refined sugar reversed trends. The Sofia Stock Exchange reported stable quotations for grain and growing demand for bread wheat, fodder wheat, and oilseed sunflower.

면책 조항: 위의 요약은 정보 제공 목적으로 Tridge 자체 학습 AI 모델에 의해 생성되었습니다.

원본 콘텐츠

During this week, the geopolitical factor was a major component in the price movement of the main grain contracts on the global stock markets. After Russia threatened to end its participation in the Grain Corridor agreement, the last day of October brought a price explosion on exchanges in Europe and overseas. Prices calmed after it became clear that Russia is not closing the corridor, but simply withdrawing from the "grain deal". However, US wheat prices rose $15 to $399/ton, France jumped €10.00 to €353/ton, and Ukraine for delivery to Hungary was up $10.00 to $290.00 USD/ton However, the Russian price decreased by 13 dollars to 310 USD/ton, the Sofia Stock Exchange commented. After the price of US corn was on the rise until a week ago, there was now a return down to the levels of a fortnight ago - minus $8 to $357/t. In France, after some stagnation, there is now a sharp upward movement again with plus EUR 14 to EUR 353/t, in Russia, however, again minus $6.00 to USD 290.00/t. ...

출처: Agrozona