Business news from Ukraine

Flour prices fell in March in Ukraine – experts

15 March , 2024  

Wheat flour prices in Ukraine have been gradually falling since the beginning of March due to problems with transit through Poland, where striking farmers are constantly blocking the borders, APK-Inform news agency reported.

“Excessive supply of flour and moderate demand from both domestic and export-oriented companies continue to put pressure on prices. It is almost impossible to sell the flour to the export market due to the strikes at the Polish borders, which also affects the gradual decline in prices,” the analysts said.

According to their information, since the beginning of the month, the prices for high-grade flour have decreased by 100-300 UAH/ton and as of March 15 are mainly fixed in the range of 9700-11100 UAH/tonEXW.