Prices for sunflower and soybeans are rising in Russia

Last week, sunflower prices began to rise in most regions. According to field.rf analysts, oil extraction plants want to speed up the supply of raw materials. Thus, in the South the average price was 24,165 rubles. (plus 525 rubles) per ton, in the Center - 24836 rubles / ton (minus 89 rubles), in the Volga region - 23280 rubles. (plus 397 rub.). “Sunflower prices in most regions showed an increase against the backdrop of relatively low levels that have persisted since the beginning of February. This may be due to a short-term surge in activity at oil factories that want to speed up the flow of raw materials,” the field.rf report says. However, according to most market players, the upward trend is unlikely to last long, especially in anticipation of the upcoming start of the sowing campaign. At the moment, the decline in prices on the FOB basis was offset by the strengthening of the dollar, but this is also a medium-term factor influencing the sunflower market in the next one to ...