The world grain and sugar fell

Continued fall in the price of grain. In Chicago wheat fell to $ 172/ton, compared to the previous week which is a decrease of more than $ 4-5. Maize is traded around $ 125/ton, and between $ 2-3/ton cheaper. Most dramatically, however, the decrease in soybeans and soybean meal declines there for a week with over $ 64-69/ton. In Budapest quotations also descend down. Evropshenitsata is of 205 BGN / tonne, while feed is 187 leva per ton. In maize recorded the highest drop to 201 USD / ton. Once in the previous week and was down by around 14 euro, to which are added the current $ 10 cheaper. In sunflower also decrease, but less dramatically to 396 leva per ton.

Quotations in Rotterdam for unrefined sunflower oil gravitate around $ 835 per ton, and quotations in London for refined white sugar is about € 556 / tonne, the reduction is over € 21 for one week. For this decline on the commodity exchanges not something new as factors to determine the trend. Just have a good harvest, the crisis continues, which in turn limits the ability to purchase, while world consumption decreases in serious transitional stocks, even I can say stocks record for the last 10 years. These are factors that constantly put pressure on the market, not to mention that the harvest in the Black Sea region countries such as Ukraine, Kazakhstan, Russia is very good and there is normal as prices fall.

Market in Bulgaria
Groceries

In our country unfortunately no supply of grain. Remember from the previous week that had sales of bread wheat to 210 BGN / tonne. But buyers «silent“ at this price, which seemed to be high. As we have seen were right. Last week there was only demand for feed wheat, 198 EUR / ton, which is a pretty good price, I do not know why vendors do not react in a situation that the international feed grain markets is 187 leva per ton. Hopefully during this week to have any development. Although now a real holiday season and it gives some implications, obviously people are on vacation.

Non-food items

Deals typically center around fuel and energy. Diesel was in 1557 lv./1000 l., gas oil for industrial and utility purposes lv./1000l of 1546. There were many different types of transactions for oils and greases. In the oil deals are concluded between 2.39-21.44 EUR / liter according to the type of grease was 8.66 leva / kg. And antifreeze to 2 698 BGN / tonne.

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Tanya Panayotova, Sofia Commodity Exchange, „International Markets“