Grain market. Kazakhstan // Week 15
Export prices for Kazakh wheat hold steady despite the upturn in domestic prices. At the start of the week, a temporary ban on grain imports into Kazakhstan by road came into force, which supported local quotes.
Commodity markets
Grain market. Russia // Week 15
Export quotes for Russian grains have decreased considerably. In addition to seasonal decline in demand and trade, prices suffered pressure from large volumes of grain available on the country’s domestic market.
Grain market. EU countries // Week 15
In the EU countries, grain export prices are falling due to the overall market conditions and competition with Black Sea suppliers.
Grain market. Ukraine // Week 15
Export quotes for Ukrainian grains are sliding down amid slow trade.
Bulgaria and Slovakia ban imports of Ukrainian agri products, Romania introduces additional controls, while Lithuania ready to accept Ukrainian grain from Poland
At a meeting of the Bulgarian government, a decision was made to temporarily ban food imports from Ukraine (but this does not apply to transportation of transit goods).
Slovnaft to start test processing of Azeri Light oil in April
In April, the Slovnaft refinery (Slovakia) is planning to start test production of petroleum products using raw materials delivered from the Azeri Azeri-Chirag-Gunsheli block of fields by the parent company MOL Group (Hungary) that holds a 9.57 per cent stake in these fields.
Nitrogen fertilizer market // Week 14
The Middle Eastern urea market remains inactive. According to unconfirmed reports, a fertilizer stem was sold at $285/t FOB.
Market of complex and potash fertilizers // Week 14
Demand for phosphate fertilizers has been moderate in Brazil this week as consumers expect prices to fall.
Coal market // Week 14
Export quotes for thermal coal are gradually moving up in West Europe.
Steel scrap market // Week 14
Turkey ended the week without a single contract for the procurement of imported steel scrap in large-tonnage lots.