Soybean market // Week 15
Despite worsening Argentina’s production outlook, US soybean prices have dropped amid a record Brazilian crop and softening vegetable oil market.
Commodity markets
Grain market. Australia // Week 15
The Australian barley market is supported by a possible return to exports to the Chinese market.
Market of complex and potash fertilizers // Week 15
The Ukrainian phosphate fertilizer market is showing low demand.
Nitrogen fertilizer market // Week 15
The urea market has been showing lively trade this week. Egyptian producers have been selling urea to Europe and intend to sell the fertilizer to the US given strong demand in this country.
Nitrogen fertilizer market // Week 15
The urea market has been showing lively trade this week. Egyptian producers have been selling urea to Europe and intend to sell the fertilizer to the US given strong demand in this country.
Steel scrap market // Week 15
Offer prices for imported steel scrap have risen in Turkey as only large-tonnage lots are now available on the market. Turkish mills keep insisting on scrap price cuts amid totally dead demand for rebar from local and foreign buyers.
Coal market // Week 15
Coal prices have started going down amid a seasonal decrease in demand. In Europe, additional pressure on quotes came from lower prices for natural gas.
Sunflower oil market. Ukraine // Week 15
The pace of trade was minimal on the sunflower oil market, but offer prices increased.
Grain market. South America // Week 15
Forecasts of Brazil’s corn production continue to rise, putting pressure on export quotes.
Grain market. USA // Week 15
US winter wheat ratings remain at the lowest level ever seen in this period (27% of crops in good/excellent state vs. 28% last week and 32% last year).