Quotes for grain and sunflower on the global stock exchange do not move for the fourth week

Published 2022년 6월 11일

Tridge summary

Prices of major grain contracts in the world market have seen a decrease due to the potential unblocking of Ukrainian ports and increased exports, though negotiations are still in progress and markets are volatile. Prices for wheat, corn, and barley have increased in various countries, while rapeseed and unrefined sunflower oil prices have decreased. Quotations in the "Grain" sub-district of the "Sofia Commodity Exchange" AD have remained the same for a month, and prices of basic and industrial goods also remain stable.

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

Original content

The beginning of June brought a sharp downward adjustment in the prices of major grain contracts on world markets due to the possible imminent unblocking of Ukrainian ports and increased exports through negotiations in Istanbul. But it is clear that the differences between the countries are quite serious and the understanding will take time, so now the markets are volatile. Wheat in the US moved up by $ 1 to $ 416 per tonne, wheat in France also rose 1 euro to 388 euros per tonne, and Ukraine returned to the old price of $ 390 / ton. with an increase of 10 dollars. Russian wheat has increased its price by 10 dollars and is offered at 410 USD / t. For corn in the US, the price rose $ 15 to $ 342 / ton, in Ukraine plus $ 10 to $ 270 / ton. Barley in France added only 1 euro to 351 euros / ton, and in Ukraine plus 20 dollars to 400 USD / ton. Rapeseed lost another € 16.50 on Euronext this week to € 780.25 per tonne. Unrefined sunflower oil on the Rotterdam Stock Exchange fell by $ 40 ...

Source: Sinor