T-info
T-discovery
My
Tendata
Market Analysis
Customer
Development
Competitor
Monitoring
Customer Relationship
Trade Trends News
23-11-2023
Ukraine has exported 425 thousand tons of soybeans in 20 days in November. According to the weekly bulletin of the Psk Analytical Cooperative, created within the framework of the Ukrainian Agrarian Council (UAC), dated November 22, if this month's exports reach 560,000 tons, it will be definitely the highest since Ukraine's independence.
"the excitement on the soybean market continues. in november, 425,000 tons of soybeans have been exported, in december 500,000 tons of soybeans have been contracted. there are sales plans for january and february. the market for soybeans in ukraine is still in a state of flux. the market for Ukrainian soybeans is still in a state of flux. Ukrainian soybeans are cheaper than US and Brazilian soybeans by $40 - 50 per ton and are first bought in the EU. The soybean boom is supporting higher soybean meal prices in Europe, up $120 per ton. We also have demand from Turkey. If we export 560,000 tons in November, it will be an absolute record since Ukraine's independence," analysts said.
According to their information, the guide price for soybeans at the Odessa port is $410-415 per ton, and 200-300 tons can be sold for $425.
Steel mills have also increased their purchase prices due to strong demand for soybean meal from European buyers. The price of soybeans has reached 16,000-16,200 GRN per ton; experts say the price may rise to 17,000 GRN per ton in December.
UAC said, "The soybean market will continue to grow, but supply may increase significantly before the December holidays, temporarily slowing the price increase."
Tendata iTrader boasts customs data from over 80 countries, commercial data from 198 countries, and a database of 130 million plus buyers. Tendata iTrader processes a rolling 10 billion daily trade data, enabling swift and intelligent filtration of contact details for 121 million executives and decision-makers, including emails, phone numbers, social media, and more. Additionally, Tendata iTrader can simultaneously display company directories, product images, and website links, while offering 17 visual reports. This assists foreign trade enterprises in pinpointing and analyzing markets accurately, helping you swiftly identify the precise purchasers and suppliers you need. (>>>Click to Apply for Free Trial<<<)
Step One: One-Click Search for Your Global Prospects
Tendata iTrader seamlessly integrates customs data from 80+ countries, commercial data from 198 countries and regions, and internet data from 141 countries. A single search yields global target clients in 0.01 seconds without waiting. (>>>Click to Find Global Buyers<<<)
Step Two: Rapid Analysis to Identify Your Target Clients
The comprehensive customer information provided by Tendata iTrader assists us in analyzing detailed buyer information and furnishing extensive personal contact details of executives. This information is a highly valuable sales asset. (>>>Click to Analyze Your Target Clients<<<)
Category
Leave Message for Demo Request or Questions
