Prices for soybean cake in Ukraine at the end of August reached a historic high

게시됨 2023년 8월 31일

Tridge 요약

Supply prices for soybean cake on the domestic market of Ukraine reached a historical high, driven by the increase in the cost of soybeans and high demand from feed mills and livestock enterprises. The shortage of soybeans during the summer further accelerated the price growth in July and August. However, with the approach of the new season, buyers showed less interest in products from the old harvest, leading to a slowdown in price strengthening at the end of August.

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원본 콘텐츠

As of the end of August, according to monitoring data from APK-Inform Information Agency, supply prices for soybean cake on the domestic market of Ukraine reached a historical maximum, amounting to 22,600-24,500 UAH/t EXW. It is worth noting that the upward price trend in this segment has prevailed over the past year, which is due to the increase in the cost of soybeans and the high demand for soybean cake from feed mills and livestock enterprises. And, given the significant reduction in the supply of cake on the market against the backdrop of a shortage of soybeans in the summer, price growth accelerated in July and the first half of August of this year. At the same time, the majority of buyers, given the approach of the new season, ...

출처: Oilworld