Oilseed sunflower prices on the global stock exchange sank

Published Mar 17, 2023

Tridge summary

The article provides an overview of the recent fluctuations in commodity prices, including cereal grains (wheat, corn, and barley) and oilseeds (sunflower and rapeseed) in various markets such as the US, France, Russia, Egypt, and Bulgaria. It notes a mixed trend with some prices increasing and others decreasing. Additionally, the article covers the price movements of crude sunflower oil and refined sugar, highlighting a decrease in Euronext rapeseed prices. In the Bulgarian market, the article emphasizes a decrease in quotations in the Grain subdivision of the Sofia Stock Exchange, with a persistent lack of supply for fodder wheat. Finally, it mentions the stable prices of key food and industrial goods in Bulgaria, alongside the trading dynamics of energy carriers like automobile gasoline, diesel fuel, propane butane gas, and gas oil for PCC.

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

Original content

In recent days, we have witnessed a certain crisis in some financial institutions, especially overseas, and it is reflected in the quotations of the main contracts on the commodity exchange markets. Price action during the week was mixed and the downtrend has reversed. In the US, the FOB price of bread wheat returned up $13 to $298 per tonne, that in France added €4 to €275 per tonne. Ukraine quotes wheat without changes for over a month now at 280 USD/ton, and in Russia again minus 5 dollars to 285 USD/ton. The movement of corn is more selective – in the USA minus 1 dollar and 279 USD/t, in France price increase by 5 euros to 282 euros/t, in Russia minus 3 dollars and 257 USD/t. The price of barley also gives opposite signals – in France, an increase of 6 euros to 270 euros/t, in Russia, a drop of 3 dollars and 268 USD/t. Only $279.50/t FOB when exporting Ukrainian wheat to Egypt Euronext rapeseed fell again by €26.75 to €472.25/t. The price of crude sunflower oil on the ...

Source: Sinor