In Ukraine over the past week, sunflower prices have decreased by $25

Published 2023년 3월 17일

Tridge summary

Sunflower prices in Eastern Europe have dropped by about $25 per ton, with DAP traded at a range of $450-470 depending on the delivery and quality of the sunflower. The decline in prices is expected to continue with the formal continuation of the 'grain agreement' after March 18. Meanwhile, corn prices are also falling, with sellers in the CIF markets trading at $280-$285 towards Tunisia and Spain, leading to a reduction in CPT prices in Ukrainian ports to $180-190.

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Original content

Sunflower prices have fallen 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 place of delivery and the quality of sunflower. SPIKE BROKERS writes about this in Telegram. Latest Buyer Indications: “Traders believe that the “grain agreement” will be formally continued after March 18, but so far it still remains a risk,” analysts say. In addition, corn prices continue to decline. Sellers in the CIF markets are trading at $280-$285 towards Tunisia and Spain. These levels imply a reduction in CPT prices in Ukrainian ports to $180-190. The western borders of Ukraine ...

Source: Oilworld