Экспортные цены пшеницы РФ слегка скорректировались за мировыми площадками (27-03-2018)

Export prices of wheat of the Russian Federation slightly corrected for global sites (27-03-2018)

Export prices of Russian wheat declined slightly last week against the background of some corrective movement in the world with the improvement of the weather for the harvest in the United States, exports are at a record pace, analysts say.

According to Thomson Reuters <0#GRAIN-CIS>, the average price of wheat with 12.5 percent protein decreased by the end of last week to $206.5 per ton of French-Board in Novorossiysk with $207.0 week earlier.

According to IKAR, the price of ton of wheat of that class has been reduced to $208 from $209 a week earlier.

Sovekon records a decrease in the average export price of tons of wheat of this class by $0.5 per week to $207.5. The price of barley in deepwater ports remain high - $216 per tonne franco-board.

According to the Ministry of agriculture, from the beginning of the marketing season 2017/18 to 21 March exported 37,674 million tons of grain, which is 40.2 percent more than in the same period last season. The volume of wheat exports for the season totaled 29,421 million tons, or 42.6 per cent more barley - 4,299 million tons (1.9 times more), maize - 3.7 million tons (3.4 percent less).

The Ministry of agriculture raised the estimate of grain exports from Russia this season to 52-53 million tons. SovEcon increased the forecast to 50.2 million tons from 49.4 million tons, including wheat - to 38.3 million tons from 38.0 million tons.

"The current season has shown that in theory, the Russian infrastructure can export a maximum of 54-55 million tons. The limiting factor by the end of the season will not be it, but probably more cautious sales of exporters," - say analysts Sovekon.

They also note that the possible closure of the southern ports of the Russian Federation due to the world Cup makes the forecast of the Ministry of agriculture of the Russian Federation "too optimistic".

Exports of wheat, barley and maize from Russia in March is expected to be at 4,50 million tons, which is higher than February in 4,05 million tons, analysts of the Agency write.

In the domestic market of the Russian Federation average prices for wheat of the third class remained at 8.575 rubles per ton, for wheat of the 4th class – increased by 50 rubles to 7.750 rubles per ton for the European part of the Russian Federation with pickup, said Sovekon.

Average prices for sunflower oil remain at 43,250 rubles per ton, in the export market - at $745 per ton. Prices for sunflower decreased by 50 rubles to 19,800 rubles per ton.

SovEcon analysts believe that the potential for growth of prices for sunflower oil in the future is preserved.

The index of white sugar IKAR in Southern Russia last week, skorrektirovat to 28.8 rubles per kilogram from 29.5 rubles a week earlier, or up to $506,69 per ton from $517,36. (Olga Popova, Polina Devitt. Editor Dmitry Antonov)

fomag.ru