IKAR in Mass Media

Russian wheat export prices track Chicago higher after month of declines

24 февраля 2021 года

MOSCOW, Feb 20 (Reuters) - Russian wheat export prices rose this week after declining for the past month, following a rise in wheat prices in Chicago, which set a benchmark for this market, analysts said on Saturday.

Russian wheat with 12.5% protein loading from Black Sea ports for supply in March was at $283 a tonne free on board (FOB) at the end of the week, up $5.5 from the previous week, agriculture consultancy IKAR said.

Refinitiv said wheat prices rose by $2 to $284.5. Sovecon, another Moscow consultancy, said barley was unchanged at $248.

Following is a summary of other Russian data provided by Sovecon and IKAR:

 Product:            Price at the end       Change from week
                        of last week:                earlier
 - Domestic 3rd      14,225 roubles/t              -300 rbls
 class wheat,                ($192.4)  
 European part of                      
 Russia, excludes                      
 delivery                              
 (Sovecon)                             
 - Sunflower seeds      43,200 rbls/t            -2,075 rbls
 (Sovecon)                             
 - Domestic             99,825 rbls/t              +325 rbls
 sunflower oil                         
 (Sovecon)                             
 - export                    $1,350/t                   +$61
 sunflower oil                         
 (IKAR)                                
 - Soybeans             42,800 rbls/t              unchanged
 (Sovecon)                             
 - white sugar,              $582.1/t                 +$26.3
 Russia's south                        
 (IKAR)                                
 ($1 = 73.9500 roubles)

Source: Reuters | #grain | Comments: 0 Views: 27

There are no comments yet. Be the first!

Only authorized users can comment.