Prices for Ukrainian Soybeans Rise Due to Demand from Turkey and the EU

In Ukrainian ports, there is a gradual increase in soybean prices, driven by strong demand from Turkey and European Union countries. Exporters have already raised purchase prices to $385–394/ton under CPT-port conditions, a result of limited supply in the domestic market.

This is reported by AgroReview

Global Trends in the Soybean Market

However, on global markets, there is a decline in prices, caused by increasing global uncertainty, particularly changes in U.S. tariff policy, as well as falling oil prices. This has affected the cost of soybean shipments on a CIF basis to Turkey and Egypt, where prices have decreased by $5–7/ton due to rising competition from American suppliers.

State of the Domestic Market

In the domestic soybean market, there continues to be a trend of moderate price increases, driven by demand from processors. Purchase prices remain at the level of 17–17.1 thousand UAH/ton under CPT conditions, indicating stable activity in this sector.