Meal sales through exchange trades in Belarus have increased by 22% since the beginning of the season.
672 deals for the purchase of oilseed meals to an amount of BYN 134 Ml have already been struck on the Belarussian Universal Commodity Exchange in 2020 (+22% year-on-year). In natural units, these deals totaled 174 KMT (+8%).
The upturn results from high concentration of producers and suppliers of meal in exchange trades. Their competition allows making oilseed purchases on more profitable terms than in the non-exchange market.
Belarussian farmers purchase more than 1 MMT of meal a year, including 45% through the exchange, UkrAgroConsult reports.
More information is available to subscribers for Online Analytics “Black Sea Vegoils” in the new innovative platform AgriSupp by UkrAgroConsult. Agrisupp is a reliable analytical tool for agri market participants with historical and current market data, daily updates on grain, oilseed and pulses markets.
Subscribe to a 7-day free trial!!
Start using analytical data and increase your efficiency now!
Register to get your demo access. http://agrisupp.com/en/register/1
Share in social media:
More market news:
If you have any questions, please contact us:
Leave us a message, and our manager
will contact you as soon as possible.