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Ministry of Economics to low Feb sunseeds indicative price from US$270 per MT down to US$260 per MT
29.01.2007 09:00 "Agro Perspectiva" (Kyiv) —
Ministry of Economics is going to decline Feb sunseeds indicative price from US$270 per MT (FOB/DAF) to US$260 per MT (FOB/DAF), down against Jan, reported Agrarika Ltd referring to decision of Ministry of Economics Council for Indicative Prices. As to Agro Perspective earlier report, Ministry of Economics had lowered Jan 2006 sunseeds indicative price to US$270 per MT (FOB/DAF), down against US$280 per MT (FOB/DAF, Dec 2006). As to Agro Perspective, 2006 sunseeds crop had grown to 5.3 mn MT (in terms of weight after additional processing), up 0.615 mn MT (+ 13.1%) as of 2005. 2005 sunseeds crop equaled to 4.7 mn MT (up against 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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