Weekly overview on the global stock markets

Published 2024년 10월 12일

Tridge summary

Grain prices on world stock markets saw a decrease or minimal changes this week. FOB Chicago bread wheat dropped by $1.00 to $269.00/t, while in France it remained steady at €234.00/t. Ukraine and Russia experienced slight price increases. US corn prices decreased by $1.00 in the US to $212.00/t, and in France by €2.00 to €218.00/t, but increased in Ukraine by $8.00 to $220.00/t. Ukraine also saw an increase in barley and Euronext canola prices. Rotterdam crude sunflower oil contracts experienced a significant rise, while refined sugar prices decreased. In the Sofia Stock Exchange, prices for bread wheat and feed wheat ranged from BGN 340.00/t to BGN 362.00/t, and BGN 500.00/t respectively. Prices for basic goods in the "Foodstuffs" sub-district remained stable.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

During this week, the upward movement of grain prices on the world stock markets calmed down and even went back minimally in some of the contracts. FOB Chicago bread wheat fell $1.00 to $269.00/t for October delivery, France was unchanged at €234.00/t. Ukraine and Russia continued with barely noticeable gains, adding $1.00 and $2.00 respectively to prices of $228.00/t and $225.00/t. The US corn price movement follows the same direction - minus $1.00 in the US to $212.00/t, in France minus €2.00 to €218.00/t, and in Ukraine, however, up again up $8.00 to $220.00/t. Wheat prices on the world market shot up Barley in Ukraine rose another $2.00 to $196.00/t for October delivery and Euronext canola for November delivery rose more strongly this week with a solid rise from 15, 00 EUR to 496.00 EUR/ton. Rotterdam crude sunflower oil contracts for October delivery, after long losses and a slight bounce higher, now bounced sharply higher, adding $65.00 to $1,180.00/t. Refined sugar also ...
Source: Sinor

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