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 10/26/2007 12:50  

Ukraine: the market of feed maize observes the tendency of price reduction

According to the experts of IA "APK-Inform", the Ukrainian market of feed maize observes the tendency of price reduction. So, at the moment, prices in the offers for purchase of feed maize are at the level of 198-222 USD/t (EXW).

We notice that price reduction is caused by saturation of the market - offer for maize exceeds demand.

Besides, single export-oriented companies purchasing feed maize in ports for the further export, also reduced prices and declared them at the level of 207-217 USD/t (CPT-port). According to the representatives of the companies, the offers of grain were enough and there were no difficulties with accumulation.

According to the market participants, the prices for feed maize in Ukraine would continue reduction.

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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