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EU: weak eurocurrency rate helps increase in the cost of wheat
For the second consecutive day, the European markets of grain, in contrast to the American marketplaces, are in an uptrend
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The rising cost of wheat continued, due to the weakening exchange rate of the Euro currency. Experts believe that the main factor for the current stock of the situation.

With a fading rate of the Euro, rising hopes of the traders on the possible activity of export. Market participants look forward to tender in Algeria. However, many analysts say, that the hopes of the European traders may remain a pipe dream, and a stumbling block again will serve as Russia with its huge harvest.

On Tuesday quotes of French wheat was up 0.25 euros to 162,50 euros per tonne (191,01 $/ton).

Photo: prodmagazin.ru



Translated by service "Yandex.Translation"
Источники: IDK.Эксперт
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