Export prices for soybeans in Ukraine remain stable, processing increases parity
The soybean market in Ukraine was moderately active last week. Export prices remained stable, while processing increased parity, reflecting domestic demand against the backdrop of stable exports. This was reported by analysts at Spike Brokers.
“The market remains balanced: farmers are not in a hurry to sell, but processors are not demonstrating aggressive coverage,” the brokers added.
According to their data, prices are currently:
- GM soybean CPT Odesa (export) — $440/t (+$5 t/t);
- GM soybean CPT parity Odesa (processing) — $480 with VAT (+$8 t/t from $472).
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