In Ukraine, low demand for wheat flour restrains the rise in wheat prices — APC-Inform

Published 2024년 12월 3일

Tridge summary

The Ukrainian wheat market experienced a slight price increase last week, with the majority of changes occurring within the previously established range. The lack of sufficient supply offers, particularly for grade 2 wheat, and strong buyer demand have contributed to the rise in prices. However, the sale of flour is facing challenges due to low consumer demand and decreasing prices in the export market, which is limiting the price increase of wheat. The prices for 2nd class wheat were primarily set between UAH 9,600-10,600/t of CRT, and prices for fodder increased by UAH 100/t and ranged from UAH 8,300-9,300/t of CRT.

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

Original content

The Ukrainian wheat market last week was characterized by some increase in prices, but most of the changes took place within the previously formed range. This is what analysts of APC-Inform write about. Insufficiently active supply of offers, especially for grade 2 wheat, and fairly active demand from buyers continued to support prices. However, difficulties with the sale of flour due to low consumer demand and downward price dynamics on the export market put pressure on prices and restrained a more active increase in the price of wheat. ...

Source: Elevatorist