
Russian wheat export prices rose for the seventh consecutive week, tracking gains in Chicago and Paris, according to IKAR. Russian 12.5% protein wheat was quoted at $299 per tonne FOB, up $4 on the week.
Russia's state export tax is set to rise sharply from September 1, and exports sped up ahead of it.
Rising Russian export prices and a higher export tax reduce the competitiveness of Black Sea wheat and support global wheat values. Buyers may face firmer offers from the world's largest wheat exporter.
Setelah 431 peristiwa perdagangan bullish sebelumnya, Gandum (SRW) bergerak median +0,0% selama 5 sesi (50% lebih tinggi; separuh tengah -1,3% sampai +2,1%), dan +0,5% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.