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Ministry of Economics to raise May 2006 sunseeds indicative price from US$245 per MT up to US$265 per MT
03.05.2006 10:18 "Agro Perspectiva" (Kyiv) —
Ministry of Economics is going to grow May 2006 sunseeds indicative price from US$245 per MT up to US$265 per MT (FOB/DAF), reported Agrarika Ltd referring to decision of Ministry of Economics Council for Indicative Prices.
As earlier reported, Ministry of Economics (Decree № 113 from Mar 30, 2006) had established Apr 2006 sunseeds indicative price US$245 per MT, FOB/DAF (flax seeds US$235 per MT, FOB/DAF; madwort seeds US$150 per MT, FOB/DAF).
Reportedly, since 2005/06 MY beginning (Sept/05-Feb/06) sunseeds export totaled 58,700 MT (up against 5,080 MT in last MY similar).
2005 sunseeds crop totaled 4.7 mn MT (up as of 3.05 mn MT in 2004).
Ministry of Economics sets indicative prices for products which have initiated (or can initiate) antidumping operations against corresponding Ukrainian producers.
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