Of the new wheat crop is of good quality

Without price changes versus the previous week ended 30th regular trading session of Plovdiv Commodity Exchange held between 22-24 July. Price „face“ of the cereal market is a circle formed by the proposals for the purchase of bread wheat and malting barley, and the two main crops quotations for purchase within the range 180 – 200 BGN / t excluding VAT. However, regardless of the fact that the yield of barley was harvested on 100 percent and wheat harvest is the final rights offering have not yet found manifestation stock exchange.

Zarnoproizvoditelite expectations are that at least half the wheat will have a good bakery quality, which will give them reason to seek a better price for it. The attitude of the miller, however, apparently is not much higher price of the purchase price of raw materials vital in comparison with this, since their actual quotations sell flour to be unchanged from the end of March this year and were EUR 366.67 / t excluding VAT type 500, 350 euro / t excluding VAT type 700 and 250 BGN / t excluding VAT type 1150.

Defitsitnostta of the cereal market is complemented by the demand, although not large quantities of oil-bearing sunflower. Quote his bid is 360 euro / t excluding VAT, but the broker counter offer for sale will not occur before harvesting in 2009, which at this moment seems to be as good. Against this background sound still offer for sale Bulgarian oil in PET within 1.66 – 1.75 BGN / l excluding VAT and import – on 2.17 – 2.21 BGN / l excluding VAT. Bulk sunflower oil we are looking at EUR 1000 / t, excluding VAT.

During the session the stock exchange broker, albeit informally, expressed their hopes for the emergence of stock market rape. In their major prerequisites for this are, first, increasing in recent years the area planted with oil this material on the other – the existence of established major production facilities in the country for processing to the biodiesel. Interesting plot is about the future zaformya starting price of corn worldwide. Currently, it ranges from 165 EUR / t excluding VAT in Chicago ($ 121 / tonne) to 260 BGN / t excluding VAT in Paris (133 € / tonne).

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