Cereal markets in Bulgaria – unstable, nervous, anticipatory

Published 2022년 3월 28일

Tridge summary

The Sofia Commodity Exchange's weekly bulletin for March 22-25 highlights stabilization in some stock market quotes, despite ongoing volatility caused by the Russian invasion of Ukraine. Prices for wheat in the US and France slightly increased, while Russian wheat remains steady at $427.00 per ton. Corn prices in the US decreased, and barley prices in France rose. Rapeseed and sunflower prices have reached record levels due to the war in Ukraine, with unrefined sunflower oil on the Rotterdam Stock Exchange at a high $2350.00 per ton. Bulgarian corn quotations are only available for purchase at BGN 450.00 per ton without VAT in the "Grain" sub-district of SBB.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In mid-March, some of the stock market quotes signaled a reassurance, but the trend is still steady, according to the Sofia Commodity Exchange's (BSS) weekly bulletin for March 22-25. Pre-launch: Will there be seeds and fuel for the spring campaign? Traders continue to struggle with supply disruptions due to the Russian invasion of Ukraine. That is why prices are extremely volatile and markets are nervous. Wheat in the US rose by only 1.00 dollars to 461.00 dollars / ton, and in France by 13.00 euros to 398.00 euros / ton. There are no prices from Ukraine. Russian wheat with delivery in March is unchanged and is offered at 427.00 dollars / ton. Corn in the US fell by $ 8.00 to $ 365.00 per tonne. The price of barley in France, also delivered in March, rose by 18.00 euros to 393.00 euros per tonne. Rapeseed and sunflower have risen sharply since the start of the war in Ukraine and reached record levels - rapeseed added another 49.50 euros to Euronext to 978.00 euros / ...

Source: Agri