Ukraine: Producers refrain from selling soybeans in anticipation of better prices
Published 2024년 12월 2일
Tridge summary
The EU market is experiencing low demand for soy due to ample supply, leading to a decrease in prices for the third consecutive week. Ukrainian manufacturers are withholding sales in anticipation of higher prices. Current buying prices for GMO soy beans are around $384-410€, while non-GMO soy beans are priced at $425-440€.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
The EU market is saturated with soy. Demand from processing plants is low, as they are supplied with raw materials. This is reported by Spike Brokers analysts. In the domestic market of Ukraine, manufacturers refrain from sales, waiting for better prices. The latest indications of buyers of GMOs: • DAP Ukraine (Odesa) ~$384-387; • DAP Italy (Monday) (train)~395-400€; • DAP Italy (Mon.) (auto) ~405-410€. Recent indications of NON-GMO buyers: • DAP Ukraine (Odesa) ~$425-430; • FCA ...
Source: Agrotimes
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