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"Sovekon": Wheat rose for the first time in two months
The situation in the domestic market last week (18-22 September) has changed markedly. If in the Volga region, prices generally continued to decline in the South and sometimes in the Center, they were strengthened. This is evidenced by the weekly price monitoring "Sovekon"
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The main growth factor was the strengthening of the purchasing prices in the ports and the phasing out of the mass of sales by farmers because of lack of storage facilities or the need for working capital.

The main indicator for the Russian market – average prices for wheat 4 cells – increased by 175 rubles to 7250 rubles/t (here and below, average prices, EXW European part of Russia). Previously this figure has steadily crept downward since mid-July, having lost during this period, about 17%. The price of wheat 3 CL remained at 8125 RUR/t, 5 KL – rose by 25 roubles to 5700 RUR/t.
 
As analysts "Sovekon", it is likely that the grain market in the European part of Russia close to the bottom. The exception is corn, cleaning of which has recently begun.

In Siberia continues the active reduction in the price of wheat on the background of the harvest.

Photo: 72.ru



Translated by service "Yandex.Translation"
Источники: СовЭкон
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