Strong demand from Egypt and Morocco supported prices for Black Sea milling wheat

16.02.2017

Last week no significant changes were observed in Ukrainian wheat market. At the end of the reporting week prices for wheat with 11.5%, protein increased by USD 1/MT. The continuing bullish trend in the global wheat market and reduction in the world’s high-quality wheat supply still supported the prices.

The demand for the Black Sea milling wheat remained strong as for this period of season, particularly from the major importers such as Egypt and Morocco, reports UkrAgroConsult.

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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