Ukrainian oilseeds market

AGRO PERSPECTIVE «Ukrainian Grain & Oilseed Market » December 23, 2010`50`(304)

Within reporting week Ukrainian domestic market sunseeds prices remained stable. As of this week, sunseeds were actively purchased by country sunoil extracting plants. In meanwhile, experts say sunseeds trade will soon start slackening due to oncoming New Year/Christmas holidays.

Sunflower

As of this week, EXW basis sunseeds purchase prices ranged within UAH4,100–4,200 per MT, EXW/UAH4,250–4,400 per MT, CPT (depending on sunseeds quality/shipment region).    
Within this week Ukrainian sunseeds export prices ranged within US$605–625 per MT (FOB Black Sea ports).

Sunoil, sun.pell

       
Within reporting week Ukrainian crude sunoil market followed global market tendencies and therefore has slightly slackened.
As of this week, Ukrainian crude sunoil export demand prices ranged within US$1,300–1,310 per MT (next few months shipments, FOB Black Sea ports); export offer prices were declared US$1,310–1,320 per MT (next few months shipments, FOB Black Sea ports). 
 Within this week Egypt sunoil tender has appeared to be one of factors to push down Ukrainian crude sunoil export prices. On tender, 6,000 MT crude sunoil have been sold at US$1,349 per MT, CFR (what equals to US$1,305–1,310 per MT, FOB). 

 Within this week Ukrainian domestic crude sunoil market prices remained stable. As of this week, producers declared UAH10,600–10,800 per MT (EXW) crude sunoil domestic sale prices.                
Within reporting week Ukrainian sun.pell export market prices have slightly declined due to demand slackening. Thus, this week DAF Belarus basis prices ranged within US$265–275 per MT (DAF Poland basis prices were US$260–265 per MT). As of this week, there was no FOB basis sun.pell trade. 
As of this week, domestic market sun.pell prices have slightly lowered, — down to UAH2,100–2,300 per MT; sunseeds meal prices fluctuated within UAH1,950–2,050 per MT (depending on quality/shipment region). 

Export prices of Ukrainian sunflower complex articles

Delivery basis	22.12.2010			Changes within week, %	15.12.2010
Crude sunoil in bulk (US$ per MT)
	Offer	Demand	Average		Offer	Demand	Average
EXW*, UAH per MT	10,800	10,600	10,700	-	10,800	10,600	10,700
FOB Black Sea ports	1,320	1,300	1,310	-2	1,345	1,310	1,328

*Domestic warehouses prices 

Export prices of Ukrainian sunflower complex articles

Delivery basis	22.12.2010			Changes within week, %	15.12.2010
Sun.pell (US$ per MT)
	Offer	Demand	Average		Offer	Demand	Average
EXW*, UAH per MT	2,300	2,100	2,200	-1	2,300	2,150	2,225
DAF Poland	265	260	263	-1	270	260	265
DAF Belarus	275	265	270	-2	280	270	275
FOB Black Sea ports	-	-	-	-	-	-	-

*Domestic warehouses prices

Rape

 
Within reporting week domestic free rape reserves have been already almost exhausted, so country internal rape trade has slackened to zero low. This week rape prices fluctuated within UAH4,150–4,250 per MT (EXW)/UAH4,400–4,500 per MT (CPT). 
As of this week, Ukrainian agrarians have sown winter rape at 1.082.1 mn ha (2011 rape crop), down 335,800 ha (- 23.7%) against last year similar, incl. agricultural companies — 1.050.2 mn ha (down 24.2% against last year similar 1.384.9 mn ha) and population individual economies — 31,900 ha (down 3.3% against last year similar 33,000 ha).
As to earlier report, in 2009 Ukrainian agrarians had sown winter rape (2010 rape crop)   at 1.417.9 mn ha. 

Soybeans

            Within this week Ukrainian soybeans market prices remained relatively stable.  
As of this week, domestic market high-protein content soybeans prices ranged within UAH3,150–3,250 per MT, EXW (low-protein — UAH3,000–3,100 per MT, EXW). 
This week domestic market CPT basis soybeans prices fluctuated within UAH3,250–3,400 per MT.
As of this week, soybeans export prices ranged within US$405–415 per MT (CPT port).
Within reporting week low-protein content soy.pell prices ranged within UAH3,950–4,050 per MT, EXW (high-protein — UAH4,100–4,250 per MT, EXW).      

04.02.2011