Global: Weekly overview of the Sofia Stock Exchange

Published 2024년 8월 17일

Tridge summary

In the latter half of August, global grain market forecasts became more clear, leading to stabilization and in some cases, a reduction in prices for key grain contracts. FOB Chicago bread wheat prices fell by $1.00 to $217.00/t, while France corrected previous highs to $206.00/ton. Ukraine and Russia experienced slight price increases, and US and French corn prices moved in opposite directions. Ukraine's barley prices fell to $180.00/t, and Euronext rapeseed drops by 5.50 euros to 463.50 euros/ton. Crude sunflower oil contracts for September delivery decreased by $5.00 to $1,050.00/t. The Sofia Stock Exchange reported stable prices for basic goods, with some transactions in industrial goods such as pellets, antifreeze, and motor oil.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

This week in the middle of August brought more clarity in the forecasts for the harvest and accordingly some stabilization and even reduction in the prices of the main grain contracts on the world stock markets. FOB Chicago bread wheat returned to move down $1.00 to $217.00/t for September delivery, France also corrected previous highs to the downside by minus €14.00 to €206.00 /ton. Only Ukraine increased last week's quotes by plus $5.00 to its month-ago price of $225.00/t, and in Russia, the change was also slightly lower by $2.00 to $218.00 .d./ton. US and French corn price movements are again in opposite directions, and exactly the opposite of a week ago - up $2.00 and down €8.00 to $183.00/t and €199.00/t respectively , and in Ukraine – a new move up by plus $2.00 to $212.00/ton. The price of barley in Ukraine, after previous increases, is now down by minus $8.00 to reach $180.00/t for September delivery, and Euronext rapeseed for November delivery, after its rapid rise and ...
Source: Sinor

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