Opening of the Chinese market will have a positive impact on the price situation in the Ukrainian pea market

Published 2024년 11월 7일

Tridge summary

The Ukrainian pea market is currently stable with no significant price fluctuations. However, analysts from the agricultural cooperative PUSK predict a potential breakthrough in 2025 due to the anticipated opening of the Chinese market for Ukrainian pea products. Currently, the purchase prices for peas in Ukraine remain stable, with minor variations across different regions. In addition to traditional importers like India, Turkey, and the EU, negotiations with China for the export of Ukrainian peas are underway, with an expected start date of January 1, 2025. The entry into the Chinese market is anticipated to boost export volumes and possibly improve the price stability in the Ukrainian pea market.

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

Original content

The Ukrainian pea market remains stable in terms of prices, but analysts expect a possible "breakthrough" in 2025 due to the opening of the Chinese market for products of Ukrainian origin. This opinion was expressed by analysts of the agricultural cooperative PUSK, created within the framework of the All-Ukrainian Agrarian Council, the press service of the All-Ukrainian Agrarian Council reported. As experts noted, Ukrainian intermediaries offer standard purchase prices, but potential access to one of the largest markets in the world can change the situation. "As of November, pea prices on the domestic market remain stable. Currently, in the Western Container Terminal in Ternopil, purchase prices fluctuate within the range of 15,100-15,200 UAH/t. Intermediaries offer similar prices in other regions, which vary in the range of 14,800-15,000 UAH/t. In ports, prices are slightly higher - 15,500-16,000 UAH/t, depending on the quality of the product and delivery conditions," they ...

Source: Zol