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Markets - Commodities

Monday, February 15, 2021

Russian wheat export prices down with global benchmarks
Commodities

Russian wheat export prices down with global benchmarks

  • Moscow's wheat export tax and a grain export quota, launched on Monday as part of efforts to reduce food inflation amid the coronavirus pandemic, have already been priced in, they said.
  • Sovecon, another Moscow consultancy, said wheat prices fell by $4 to $281, while barley was unchanged at $248.
Published 15 Feb, 2021 06:15pm
Algeria issues tender to buy milling wheat, traders say
Commodities

Algeria issues tender to buy milling wheat, traders say

  • The latest OAIC wheat tender also specified that wheat should be shipped to two Algerian ports, Mostaganem and Tenes.
  • "The two ports specified are relatively small and this may mean using smaller bulk carriers than usually booked to ship Algerian wheat sales," one trader said.
Published 15 Feb, 2021 06:03pm
ICE March white sugar delivery totals 511,750 tonnes
Commodities

ICE March white sugar delivery totals 511,750 tonnes

  • The sugar included 205,600 tonnes of Guatemalan white sugar, 122,600 from India, 108,000 from Algeria, 39,550 from Brazil, 30,000 from Egypt and 6,000 from El Salvador.
  • The buyers were BNP Paribas SA (411,750 tonnes) and Sucden Financial (100,000).
Published 15 Feb, 2021 05:55pm
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