The price situation in the domestic market of grain in May is described.
In the domestic market of grain during long May vacation practically to zero trading activity of his participants fell. Such phenomenon became already traditional as many operators aspire to use possibility to have a rest before start of the next season.
However in the current year, according to NOW edition supervision, certain distinctive moments were outlined. These features with the termination of May holidays everything more clear appear in the Ukrainian grain market where trading activity with a delay and a scratch, but nevertheless comes back to a former track.
So, the average price of the offer of wheat of the 3rd class (on the terms of the French-elevator within the country) up to May 10 continued to decrease, having lost throughout the analyzed period of 48 UAH. Therefore, it fell to a mark 650 úÓ¡./t. What even it appeared on 34 UAH. below the average price of demand for this grain which practically didn’t change for the specified period, remaining at level 684 úÓ¡./t. And, according to available information, the number of demands for sale of this culture fell in 3 times, and number of demands for its purchase – in 2,5 times. However during the first working day after Victory Day celebration the price picture sharply changed. So, the average price of the offer of wheat of the 3rd class for this day sharply jumped up, having easily overcome psychologically important boundary in 700 úÓ¡./t.
The main part of the analyzed period the average prices of a supply and demand on wheat of the 4th class smoothly decreased to marks 630 úÓ¡./t and 596 úÓ¡./t respectively. But with an exit to the market of the majority of his active participants and here the picture changed. According to available information, on Wednesday, May 10, the average price of the offer of this grain jumped up at once on 60 UAH., having closely come nearer to treasured (for holders of grain) to level in 700 úÓ¡./t, until recently seeming to the unattainable. The number of demands for purchase of this grain still considerably exceeds number of demands for sale.
Most actively today in the Ukrainian market offer food wheat. And for the analyzed period some sellers sharply reduced the prices for it. After all many held grain, so to speak "till the best times", waiting for receiving bigger profit. However these expectations not in everything came true, and finally many owners of food wheat had to "dump" considerable stocks. However even after that not all processing enterprises suit the present prices for a foodgrain.
Apparently, we are waited after all by a further rise in price of a foodgrain as its crop in 2006 can appear insignificant.
G. POLYAKOVA.
(On materials L_gab_znes_nform).