Global wheat sellers and sunflower buyers on the exchange cut offers

Published 2023년 3월 10일

Tridge summary

Prices of major grain contracts continue to decline on world stock markets, with bread wheat and corn experiencing the biggest drops. In contrast, crude sunflower oil prices on the Rotterdam Stock Exchange have seen a fluctuating curve, losing $55 this week. In the Bulgarian market, some quotations are slightly down, with unchanged prices for main products. Traditional trading of energy carriers and various oils and chemicals are also reported, along with sales of paper, plastic, and glass waste.

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

Original content

The decline in the prices of most major grain contracts on the world stock markets continued for another week. In the US, the FOB price of bread wheat is again firmly down by 19 dollars to 285 US dollars per tonne, that in France lost another 11 euros to 271 euros per tonne. Ukraine quotes wheat unchanged for over a month now at 280 USD/ton, and in Russia minus 5 dollars to 290 USD/ton. The movement in corn is very similar – in the USA minus 5 dollars and 280 USD/t, in France, a decrease of 16 euros to 277 euros/t, in Russia also minus 5 dollars and 260 USD/t. The price of barley in France is also now significantly down by €11 to €264/t, in Russia again unchanged at $271/t. Rapeseed on Euronext fell more sensitively again by 29.25 euros to 499 euros/t. Crude sunflower oil prices on the Rotterdam Stock Exchange, which have been moving sinusoidally for some time, continue to adhere to such a fluctuating curve and have lost as much as $55 this week to $1,130/t, and refined sugar with ...

Source: Sinor