Grain market. Australia // Week 5
The Australian grain export market has been stable this week. Farmers are expected to step up grain sales as they begin to buy fertilizers for the next planting.
The Australian grain export market has been stable this week. Farmers are expected to step up grain sales as they begin to buy fertilizers for the next planting.
Prices for US wheat have increased on fears that a cold snap could damage the crop. According to the USDA, the state of winter wheat crops has improved in Kansas (the largest producer state), while crop state has worsened in Oklahoma (producer No. 3).
EU grain suppliers have raised export prices due to quite strong importers’ demand and brisk shipments.
The Ukrainian grain export market continues showing mixed price trends in late January-early February. Traders’ attempts to sell as much agri products as possible by sea before the next prolongation of the Grain Initiative supported domestic prices and put pressure on export quotes.
Turkish plants are showing steady interest in purchasing high quality imported steel scrap. The decline in energy prices and a resumed business activity on the market of finished steel products even allowed traders to raise prices.
Prices for imported iron ore can be called generally stable in China, with Australian Fe 61-62% iron ore fines being the only exception showing an upturn.
This year, PKP Cargo will receive 24 dual-system Dragon electric locomotives and five Siemens Vectron locomotives from the Polish manufacturer of electric and diesel rolling stock Newag SA.
Prices for new freight wagons at some Ukrainian enterprises in January (million UAH, VAT excluding, EXW)