Soybean Prices in Ukraine: Rising Demand and Limited Supply

In Ukrainian ports, there is a gradual increase in soybean prices. This is due to stable demand from Turkey and EU countries, as well as limited soybean supply in the domestic market, prompting exporters to raise demand prices to the level of 385-394 USD/t under CPT-port conditions.

This is reported by AgroReview

However, on global markets, soybean prices are declining due to increasing uncertainty worldwide, particularly related to the tariff policy of former U.S. President Donald Trump and falling oil prices. This negatively impacts the soybean market as a whole.

There is also a noticeable decrease in prices under CIF conditions towards Turkey and Egypt, amounting to 5-7 USD/t. The main reason for this is the intensified competition from American soybeans.

In the domestic market, the situation looks somewhat better: there is a moderate increase in soybean prices due to active demand from processors. Purchase prices for beans are averaging around 17000-17100 UAH/t under CPT conditions.