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Kazakh Zerno - News and analysis of cereals

Kazakh Zerno - News and analysis of cereals
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grain Price indexes
Price indexes
Grain Statistics
Statistics
Grain Elevators
Elevators
Export prices of cereals and flour in dollars per ton, including VAT 0% (Franco-border) on 03.06.2019

Station name

wheat 3 class, gluten

wheat 4 class

wheat 5 class

barley

terms of supply

23-24%

27-30%

-

2 class

Sale

Sale

Sale

Sale

Sale

Petropavlovsk (South-Ural Railway)

184-187

201-204

176-179

-

174-177

DAP

Sary-agash

204-207

224-227

200-203

-

187-190

DAP

Lugovaya

203-206

221-224

198-201

-

191-194

DAP

Tobol

196-199

216-219

189-192

-

177-180

DAP

port of Aktau

216-219

233-236

208-211

-

203-206

FOB

Bekabad

223-226

241-244

218-221

-

212-215

СРТ

Hajraton

273-276

293-296

265-208

-

260-263

СРТ

Turgundi

273-276

291-294

260-263

-

265-268

СРТ

Sarahs

-

-

-

-

251-254

 

It is still far from the new harvest, and little of the old grain left. Does this mean trade holidays?

In Kazakhstan, there is very little free grain left to sell in the domestic and export markets. And after huge volumes of grain were dipped into the soil during the sowing campaign, its amount became even smaller. Traders find it difficult to find grain in the market in order to replenish batches of grain crops for their earlier commitments. As an option, the grain may be held back in order to sell it at a higher price a little later, as the world wheat prices go up and the prospects for price increases are high. Another option – its amount may be small in real terms, despite the statistics on its availability. Perhaps some of its volumes are already sold and are waiting for the shipment at some point. At least, in late May – early June, according to the results of trading on the ETS exchange, wheat regularly leaves the section of agricultural trade. The analyst of “KazakhZerno.kz” NA writes about the end of the sowing campaign and market trends.

 



 


Surveys
Ministry of Agriculture offers to buy wheat of 3 class for state resources at a price higher than in the market, at 40 thousand tenge per ton. Who benefits it and how the market will react to this decision of agricultural department?
 


 

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