Russia. Export price for new-crop milling wheat increased by $5 within two last weeks

23.06.2017

No price changes were registered in Russia’s old-crop wheat market last week. Export prices for Russian milling wheat closed the reporting period unchanged at $189‑192/MT FOB for 12.5%-protein wheat in Novorossiysk port, June delivery. The trade in old-crop wheat is at its final stage, traders are shipping abroad previously contracted grain lots. milling wheat fob

Sales of new-crop wheat are gradually intensifying, mostly due to Egyptian demand. Thus, export price of Russian new-crop milling wheat has gained $5/MT over the last two weeks, UkrAgroConsult reports.

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.

 

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