Ukrainian soybeans remain the cheapest in the world despite price increases
Despite the fact that Ukrainian soybeans continue to increase in price, they still remain the cheapest in the world, which opens up the potential for further growth in the near future. This was reported by analysts at Spike Brokers.
As noted, CIF quotes corresponded to $415-420/t CPT seaports.
“Buyers on the domestic CPT market are keeping prices restrained against the backdrop of available supply.
There is also an increase in prices on the western border, and European buyers are ready to pay more aggressively, especially for soybeans with guaranteed EUDR compliance,” the brokers noted.
Meanwhile, demand from Europe is focused on the delivery period from January 2026.
Prices for European buyers on the border are within €380/t.
- The spot price index for GM soybeans for export with delivery within 30 days increased by another $6 excluding VAT to $405/t.
- The spot price index for GM soybeans for processing also increased by $4 to $444/t including VAT.
- The premium for non-GM soybeans remains stable at $45/t.
For almost 30 years of expertise in the agri markets, UkrAgroConsult has accumulated an extensive database, which became the basis of the platform AgriSupp.
It is a multi-functional online platform with market intelligence for grains and oilseeds that enables to get access to daily operational information on the Black Sea & Danube markets, analytical reports, historical data.
You are welcome to get a 7-day free demo access!!!
Read also
Poor soybean harvest to push India to increase soybean oil imports — USDA
Black Sea export disruptions return Australia to the centre of the global wheat ma...
Bunge sunflower oil facility suspends operations after Russian attack
Expana raises EU wheat export forecast as Black Sea shipments decline
Ukraine expands alternative rail routes to the EU
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon