Wheat market: weak demand for wheat flour in Ukraine restrains price growth

Published 2024년 12월 4일

Tridge summary

The Ukrainian wheat market saw a slight price increase last week, staying within an established range due to limited supply, especially of 2nd grade wheat, and strong buyer demand. Despite this, low consumer demand for flour and falling export market prices created downward pressure, preventing further price hikes. Prices for 2nd class wheat were between UAH 9,600-10,600 per ton, while fodder wheat prices increased by UAH 100 per ton, ranging from UAH 8,300-9,300 per ton.

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 reported by the analysts of APC-Inform. It is noted that the insufficiently active supply of offers, especially wheat of the 2nd grade, and the rather active demand of 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. Read also: Sunflower market: prices in Ukraine remain under pressure from the ...

Source: Agrobusiness