Ukrainian milling wheat prices were supported by strong demand during last week

29.03.2017

The export market of Ukrainian milling wheat featured stable prices during the last week, despite downward trends in global wheat prices. Similarly, the domestic market closed the week unchanged, reports UkrAgroConsult.

Wheat prices were supported by strong demand both in the domestic and export markets. Ukrainian wheat in the export market has already switched the focus from India to Egypt. In March the latter country purchased more Ukrainian wheat than usual. This fact offset a possible restoration of India’s wheat import duty and closure of this market for the current season.

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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