Supported byOwner's Engineer
Clarion Energy banner

Market report: Corn dominates trading on commodity exchange as prices rise

Supported byspot_img

In the past five weeks, corn has consistently been the most traded commodity on the Commodity Exchange, and prices for all primary agricultural products have continued to climb, according to the exchange’s report.

A total of 2,927 tons of goods were traded, with a financial value of RSD 93.52 million. Corn made up 57 percent of the weekly turnover, with prices ranging from 19.80 to 21.00 dinars per kilogram, excluding VAT, depending on aflatoxin analysis and parity. The weighted average price stood at 20.29 dinars per kilogram, excluding VAT, representing a notable increase of 4.45 percent compared to the previous week.

In the wheat market, supply slightly exceeded demand, which remained weak and at lower price levels. Wheat was traded at prices ranging from 22.30 to 23.80 dinars per kilogram, excluding VAT, depending on quality parameters and parity. Wheat accounted for 25 percent of the total turnover.

Supported by

In the soybean market, which represented 18 percent of the total weekly turnover, there was slightly more activity compared to the previous period, although a weak supply of soybeans was observed. Exchange contracts were concluded at prices ranging from 62.00 to 65.50 dinars per kilogram, excluding VAT, based on quality assessments.

Among other commodities, feed barley was offered at a price of 17.80 dinars per kilogram, excluding VAT, while a hybrid type of triticale, with a hectoliter of 75 kg, was priced at 20.50 dinars per kilogram, excluding VAT. Sunflower meal was also available at prices ranging from 31.00 to 32.00 dinars per kilogram, excluding VAT, although no stock market contracts were concluded for this commodity.

Supported by

RELATED ARTICLES

Supported byClarion Energy
spot_img
Serbia Energy News
error: Content is protected !!