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EU: futures have risen up to polutoramesyachnykh maxima
13.03.2007 13:40 "Agro Perspectiva" (Kyiv) —
According to IDK.RU, the flour-grinding and fodder future for wheat on Friday on Euronext.liffe have raised(increased) and have established(installed) maximal polutoramesyachnye values under May contracts. Support has been connected both with a short covering, and with shortage of offers on sale which could not satisfy small demand.
The May future for flour-grinding wheat has grown for 1,50 euros up to 151,25 euros/t The November future by the end of day was fixed(recorded) for 139 euros/Ô (+0,50). Traders have noted, that the May future has continued the script of the March contract.
The fodder May future for wheat has grown on 0,70 GBP up to 97,50 GBP/ò. July has raised(increased) on 1,50 GBP/ò. Shipment of parties(sets) of grain to Spain and Niderdandy together with the raised(increased) internal demand has increased also cost of futures. Besides growth also connect with pereprofilirovaniem Manchester krakhmalnogo a factory belonging Cargill. Now as raw material the management(manual) is measured(going) to use wheat for processing.
Standard French wheat in the cash market (Rouen) has remained constant — 143 euros/t(March) and 142 euros/t(April-May).
Besides and in the market of the corn future growth was observed. The June future has grown for 1 euro up to 158,25 euros/t And here May rapsovyj the future has decreased for 1 euro äî264,75 euro/t
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