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Large processor stocks are holding back soybean trade

Published Jan 15, 2025

Tridge summary

The Ukrainian domestic soybean market is experiencing moderate trading rates due to ample stocks held by processors, leading to stable or slightly decreasing purchase prices. However, a decrease in raw material supply is being observed due to an increase in the number of processors and challenges in maintaining sunflower stocks. Export demand prices for soybeans are also fluctuating slightly, hovering around 5-7 USD/t and averaging 375-385 USD/t CPT, depending on the port of call.

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

Original content

In general, the domestic soybean market in Ukraine maintained moderate trading rates, due to the fact that many processors still had quite good stocks, as a result of which purchase prices were fixed mainly in the previously formed range or slightly decreased. At the same time, market participants reported a reduction in raw material supply against the background of an increase in the number of processors due to difficulties in forming sunflower stocks. On ...

Source: Agravery