Steady Soybean Price Growth in Domestic and Export Markets

Soybean prices in Ukraine have been gradually increasing, reflecting both local and international market trends. Over the past week, domestic demand prices rose by USD 1,20 to USD 3,60 per tonne, depending on the location of processing enterprises. Buyers continue to show interest in purchasing, but limited supply is keeping prices on an upward trend.

The export market also experienced moderate price growth, with soybeans now trading at USD 0,385 to USD 0,393 per kg (CPT-port). This represents an increase. In local currency terms, export prices rose by USD 1,20 to USD 2,40 per tonne, reaching USD 0,214 to USD 0,222 per kg (CPT-port). Despite these price adjustments, market participants note that stock levels at processing enterprises remain sufficient for current demand.

Supply Remains Tight, But Stock Levels Are Sufficient

Although the supply of soybeans remains constrained, the overall availability of stock in enterprises is not a major concern. Farmers and traders continue to release soybeans in limited quantities, waiting for more favorable pricing conditions. The slower pace of sales has supported prices in recent weeks, with expectations of further increases if supply remains tight.

Several processing plants are operating at reduced capacity due to limited raw materials. However, the market remains stable, with steady demand from exporters and domestic buyers. Some buyers are securing contracts in anticipation of price fluctuations driven by global developments.

Global Factors Influence Market Trends

The global soybean sector remains influenced by multiple external factors. The policies of the new U.S. president, particularly concerning trade relations with China, continue to shape international demand. Additionally, weather conditions in South America are closely watched, as unfavorable conditions in Brazil and Argentina could impact global supply.

The expected arrival of a new soybean crop from Brazil in the coming months will also play a crucial role in price movements. As Brazilian soybeans enter the market, global buyers may shift their focus, affecting demand for Ukrainian soybeans.

Despite these uncertainties, the Ukrainian soybean market remains resilient, with steady price growth and stable demand from domestic and export markets. Traders and processors continue to monitor developments closely, adjusting their strategies based on supply trends and global market conditions.





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