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 10/24/2007 14:29  

Ukraine: export prices for sun oil continue reduction

According to the market participants, the prices for sun oil in Ukraine continue reduction and as it stated in the forecasts - the reduction would be obvious in the near-term prospects.

According to the experts of IA "APK-Inform", at the moment the offers for purchase of crude sun oil in FOB terms are at the prices not higher than 1260 USD/t (November-December delivery).

In connection with this fact, the representatives of export-oriented companies declare the low level of trade activity on the Ukrainian export market of crude sun oil. At the moment, only single companies purchase the production in the ports reducing significantly the demand prices level. At the same time, the holders of free volumes reserve sales keeping to earlier fixed sales prices level.

According to the experts, the main factor of such reducing of prices is decreasing of prices for sun oil on the world market.

You may find detailed information about the current state of Ukrainian market of oilseeds and derived products in our periodical "Agrimarket Weekly Report".

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