Sunflower prices in Ukraine fell by $25 for the week

Published Mar 17, 2023

Tridge summary

Sunflower prices in Eastern Europe have dropped by about $25 per ton, with DAP trading at ranges between $450-470. The extension of the 'grain deal' beyond its current term on March 18 is anticipated, but there is still risk associated with it. Additionally, corn prices are also declining, with CIF sellers trading at $280-285 to Tunisia and Spain, which is expected to lead to a decrease in SPT prices in Ukrainian ports to $180-190, and western Ukraine is already trading at €175-185.

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

Original content

Sunflower prices fell by about $25 per ton over the past week. In the direction of Eastern Europe, DAP traded in the range of $450-470 depending on the delivery location and the quality of the sunflower. This is written by Latifundist.com with reference to SPIKE BROKERS. It is noted that the latest indications of buyers are as follows: "Traders believe that the 'grain deal' will be formally extended beyond March 18, but it still remains a risk," analysts said. In addition, corn prices continue to decline. CIF sellers are trading at $280-285 to Tunisia and Spain. These levels predict a decrease in SPT prices in Ukrainian ports to $180-190. Western borders of Ukraine ...

Source: Superagronom