Bulgaria. Corn export prices strengthened following the world market

01.06.2017

Trading activity in Bulgaria’s grain market remains sluggish. The close of the week featured a decrease in purchase prices for almost all staple grains in the country, reports UkrAgroConsult.

The corn market is flat. The demand is weak both from traders and millers. Despite the price decline in the domestic market, export prices for Bulgarian corn somewhat strengthened following the world market.

Bulgarian traders still continue working with old-crop wheat, though this season’s exportable inventories have actually run out. Bulgaria exported 3.95 MMT of wheat by May 19. Bulgaria continues supplying small volumes of wheat both to the EU market and beyond its borders.

More information on price behavior on grain market in the countries of Black Sea region is available to subscribers for weekly market report "Black Sea Grain and Oil" and "Online market review" by UkrAgroConsult.

 

UkrAgroConsult

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