Ukraine – MARKET REPORT from Monday 20th to Friday 24th July, 2015 PDF Print E-mail
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Friday, 24 July 2015 15:44

MARK OVERSEAS- Ukraine – MARKET REPORT from Monday 20th to Friday 24th July, 2015

for ukrainian whole Coriander Seeds, red millet    , white millet , yellow millet ,soybean, flax,yellow and green peas,Chick peas,walnuts, sunflower seeds, sunflower oil, corn, wheat,mustard with Background information

 

 

 

 

 

Coriander Seeds

Prices – Moved Down 30$ ukrainian Coriander average 99 % pure from 1480$ pmt moved down to 1450$ pmt FOB level.

Background information (why do prices go down/ up/ are stable?) – On Monday, market opened down by 10$ but on Tuesday lifted up by 5$, but again on Thursday it dropped by 25$ and remaining stable. Quite volatile trend is observed in Coriander market this week but by end of the week market closed downon account of a surge in supply from the producing regions. Further, decline in the export demand too weighed on Coriander prices.

What is happening in the market? Coriander prices are projected to trade on lower note on back of continued profit booking. However, later on prices might turn positive on good demand from local stockiest due to lower stocks, along with fall in arrivals at Unjha market which might keep Coriander prices on firm not. However, the decline in daily arrivals and the domestic and overseas demands which are likely to gather pace in coming days may limit sharp fall in prices.

 

 

 

Millet

Prices – Up 10$,  yellow millet average Machine Clean moved up from  370$ to 380$ pmt at FOB level

red millet    , white millet  is stable

Background information (why do prices go down/ up/ are stable?) –yellow millet average Machine Clean open was stable and it moved upward by 10$ on Thursday on good demand and remaining stable today.


 

Flax   Seeds

Prices – Moved Up 5$,  brown flax 98% quality from 625$ to 630$ pmt FOB level.

Background information (why do prices go down/ up/ are stable) – Market remained stable till Wednesday but on Wednesday it picked up by 5$ and remaining stable today. This weak brown flaxseed traded positive on account of speculators indulged in enlarging their positions following rising demand at the spot  flaxseeds market.

 

walnut in shell

Prices –15$ Down, average walnut in shell approx. moved down from 2290$ to $2305 pmt FOB level.

Background information (why do prices go down/ up/ are stable?) –walnut in shell market open was stable but it fall on Tuesday by 10$ and again gone down by 5$ on Thursday and remains constant today. Price fall noticed this week on notice of more arrivals compared to it demand.

What is happening in the market? Total arrivals of 189.6 tonnes were notice in  Ukrainian Market by mid of this week.

 

Rapeseed

Prices – 10$ down,    Rapeseed approx. went down from   390$ to 380$ pmt  EXW  level

Background information (why do prices go down/ up/ are stable?) – Rapeseed opened down by 10$ on Monday and remained stable for rest of the days of the week. This week huge downtrend was noticed and issupported by weak fundamental factors of reduced demand amid stable arrivals might also support the fall in prices.

What is happening in the market? Rapeseed prices are expected to trade on lower note on extended selling pressure. Due to recent fall in prices at domestic futures prices spot buyers are also quoting lower prices while demand is still good. Good export inquires for root variety is supportive for prices but reduced demand for finger variety is weighing on prices. Therefore, we expect these corrections to remain short live as underline fundamentals are still bullish which might cushion prices at lower levels. According to trade sources, rapeseed sowing in AP is expected to increase by 20-25% due to good  during June. This may support the downside in rapeseed prices. However, no orders have been received , which might also add to the negative sentiment in the rapeseed market.

Soybean

Prices – Stable, Soybean seeds was traded at  390$ pmt FOB

Background information (why do prices go down/ up/ are stable?) - Soybean seed remained stable throughout the week.


 

Peas

Prices – Stable, yellow peas quality traded at 350$ pmt FOB level
dry green  peas quality traded at 380$ pmt FOB level

Background information (why do prices go down/ up/ are stable?) –yellow and green peas  remained stable throughout this week.

What is happening in the market?– Trade Source has reported that,Brazilian peas prices have been rising very rapidly over the last month due to strong demand. While Ukrainian peas market is seems stable.

 

Chick peas

Prices –10$ down, Chick Peas 42-44 moved down from 1030$ to 1020$ pmt FOB level.

Background information (why do prices go down/ up/ are stable?) - Chick Peas market open was stable but on Tuesday it moved down by 10$ and remains stable till date.

 

 

Mustard Seeds

Prices – Down 10$, Brown Micro Mustard Seeds down from 740$ to 730$ and

Up 10$, Yellow Micro Mustard Seeds moved down from 795$ to 785$pmt FOB level

Background information (why do prices go down/ up/ are stable?) – Brown Micro Mustard Seeds remained stable throughout this week.

In case of Yellow Micro Mustard Seeds, Monday it opened up by 15$ and remains stable till today. It traded higher due to firm oilseed domestic and international market.

Last Updated on Wednesday, 21 December 2016 21:36