In Ukraine, the issue of port security remains open and continues to affect pricing. After another missile attacks in Odesa Region, export quotes have shown an upturn, although navigation along the established corridor continues. Thus, on November 9, six ships with 231,000 t of agri products left the ports of Greater Odesa.
Export prices for EU grains have increased as the tender from Algerian OAIC was quite successful for local traders. Within the tender, traders sold 600-690,000 t of milling wheat at $266/t C&F (part of the volume was bought in France).
Russian grain suppliers have raised offer prices following the general market trend, supported by the tender in Algeria. Thus, OAIC has purchased a large volume of wheat from the Black Sea region and France. According to market participants, Russian wheat was the cheapest at the tender, but deals have been signed not for the…… Read more »
The situation remains difficult on the Kazakh grain export market. The country has almost completed harvesting (nearly 17 million hectares of areas processed, which is 98.7% of the plan), with 16.4 million t of grain collected. This volume includes 11.4 million t of wheat, but 40% of that harvest is ungraded grain.
Prices for Australian grains are falling amid rapidly progressing harvesting and increased offer.
On average, as many as 209 wagons were transferred daily through the Chop – Čierna nad Tisou land border crossing point as of November 9 (down 41 units in two weeks).
About 630 wagons were reportedly heading to the Batiovo – Epereshke land border crossing point on November 13, including 90 wagons with grain and 84 wagons with vegetable oil. As many as 103 wagons of which 81 units with grain were on their way to the Chop – Zahony border crossing on that date.
More than 635,000 tonnes of grain were exported from Ukraine by railways during the period started November 1 and ended November 8, while a total of 1.73 million t of grain were supplied abroad in October, according to updated reports.
On November 8-9, Chisinau hosted a trilateral meeting of representatives of the railways of Ukraine, Romania, and Moldova to improve the situation with transportation on the Reni – Giurgiulesti – Galati and vice versa routes.
About 6,200 wagons with grain were found waiting for unloading at Ukrainian sea ports on November 9. Taking into account that approximately 980 wagons are daily accepted at the stations, it might take up to 6 days to serve all these wagons.