Ukraine: Corn prices in the Danube ports fell to $20/t

Corn prices in the Danube ports were significantly overvalued last week against European market parities. This week, the price of corn fell to $20 per ton on FOB Izmail/Reni terms for delivery in May to the level of $200 per ton. This was reported by Spike Brokers analysts in the Telegram channel. At the same time, in the direction of Western Europe, prices remained unchanged. The latest indications of buyers: • DAP Ukraine (ports) ~$170-175; • DAP Ukraine (Danube ports) ~$175-180; • FOB Ukraine (Danube ports) ~$195-200; • DAP Germany (Mon.) ~220-222€; • DAP Italy (Mon.) ~245-250€; • CIF Italy (Mon.) ~$253-258; • CIF Spain (port) ~$255-260; • ...