Business news from Ukraine

Business news from Ukraine

Wheat prices increased in ports of Greater Odesa and Danube

27 December , 2024  

Since the beginning of this week, the demand for milling wheat has increased in the ports of Greater Odesa and Danube, APK-Inform news agency reported.

“The purchase prices for this crop were supported by the increased demand of importers to cover the positions under the previously concluded agreements, while the restrained supply also supported the prices. At the same time, the currency factor contributed to the increase in hryvnia wheat prices,” the analysts explained.

According to them, in the ports of Greater Odesa, the purchase prices for milling wheat increased by $1-2 per ton and as of December 26, 2024, were in the range of $208-215 per ton on CPT-port terms. At the same time, in the Danube ports, the increase in demand prices averaged $2 per ton and was recorded in the range of $209-215 per ton on CPT-port terms compared to the end of last week.

Hryvnia prices (CPT-port basis) increased by 50-150 UAH/ton and are mainly in the range of 9.9-10.3 thousand UAH/ton.

“The minimum and close to them prices were mainly declarative in nature and were close to the prices of feed wheat,” summarized APK-Inform.