Within reporting week Ukrainian domestic grains market has, once again, got strengthened due to continuous global/domestic markets’ impact.
As of now, global grains market is growing literally by leaps and bounds, what makes significant impact on Ukrainian domestic grains market, — since this
year Ukrainian grains crop will be certainly much down against last year.
In what concerns domestic market new crop grains trade, — sale rates are very low (even despite purchase prices’ significant growth) due to most agrarians
having taken wait-and-see policy (same as within last year) in anticipation for prices’ further growth. Basically, agrarians behavior is quite
substantiated. There are 2 reasons motivating agrarians position: first, global grains market continue quickly booting; second, Ukrainian grains crop is
quite certain to fall by about 20% this year. As of now, Government keeps saying there are no reasons to introduce grains export so far, — but, at same
time, Prime Minister pledges not to permit domestic market bread prices growth. It is interesting to see which of these 2 promises will be kept.
Barley
Within reporting week traders CPT Black Sea ports basis feed barley purchase prices have significantly grown, — up to UAH2,050–2,170 per MT; at same time,
traders EXW-ex-elevator basis feed barley purchase prices ranged within UAH1,850–1,980 per MT (depending on regions/lots).
As of this week, Ukrainian new crop feed barley guiding export prices ranged within US$292–300 per MT (FOB Black Sea deep water ports, big lots).
Feed barley ports purchase prices
ÑÐÒ (
demand
)
FOB (
offer
)
UAH per MT
US$ per MT
US$ per MT
19.07.2012
2,050–2,170
272–284
292–300
12.07.2012
2,000–2,150
272–281
292–297
05.07.2012
1,900–1,980
255–269
275–285
26.06.2012
1,620–1,740
230–241
250–260
20.06.2012
1,680–1,750
225–236
245–255
Wheat
Within reporting week feed wheat purchase prices have also risen against previous week, — up to UAH1,700–1,780 per MT (EXW-ex-elevator)
and UAH1,800–1,900 per MT (CPT Black Sea/Azov Sea ports).
This week feed wheat export offer prices ranged within US$280–285 per MT, FOB (Handysize/Panamax type vessels) and US$270–275 per
MT, FOB (small-sized vessels in shallow-water ports).
Within this week domestic market 3 and 2 classes food wheat purchase prices were correspondingly UAH1,800–1,900 per MT (EXW-ex-elevator)
and UAH1,850–1,950 per MT (EXW-ex-elevator).
On
CPT Black Sea/Azov Sea ports basis, most traders were ready to buy 3 class food wheat at UAH1,950–2,030 per MT and 2 class food wheat at UAH2,000–2,130 per
MT.
It is to be admitted, within this week food wheat (11.5% protein content) export prices (with domestic/global prices taken into account)
have grown to US$290–295 per MT.
Feed wheat ports purchase prices
ÑÐÒ (
demand
)
FOB (
offer
)
UAH per MT
US$ per MT
US$ per MT
12.07.2012
1,800–1,900
242–247
280–285
12.07.2012
1,750–1,850
239–242
265–270
05.07.2012
1,700–1,800
229–232
255–260
26.06.2012
1,600–1,650
214–217
235–245
20.06.2012
1,600–1,650
212–225
230–240
Maize
Within this week EXW-ex-elevator basis feed maize maximum and minimum purchase prices remained same as within previous week: UAH1,500–1,600 per MT; prices
depended on shipments regions, contract conditions, seller status (middleman or producer) and purchasers demand volumes.
On CPT Black Sea/Azov Sea ports basis, feed maize purchase prices ranged within
1,750–1,850 per MT.
Within reporting week Ukrainian feed maize export guiding minimum/maximum prices have slightly grown against last week: minimum — up to US$285 per MT
(FOB), maximum — to US$290 per MT (FOB).
