Author: Igor Nam

  • Indian Sunflower Oil Imports Plunge 44% Amid Palm Oil Shift

    Indian Sunflower Oil Imports Plunge 44% Amid Palm Oil Shift

    Bearish: India’s sunflower oil imports slumped 44% in November to a two-year low of 145,000 tonnes, signalling weakened demand for Black Sea supplies. Bearish: Sunflower oil’s steep price premium over palm and soybean oil is triggering substitution and pressuring producers to cut prices. Bullish for Palm: Palm oil imports rose 4.6% to 630,000 tonnes and…

  • Kazakhstan Grain Forum 2026: Key Grain & Logistics Meet

    Kazakhstan Grain Forum 2026: Key Grain & Logistics Meet

    Event Announced: Kazakhstan will host the KAZAKH GRAIN & LOGISTIC FORUM in Almaty on February 3–4, 2026. Integrated Supply Chain Focus: Day one centers on grain markets, investments, and processing; day two is dedicated to logistics and new transport routes. Regional Trade Corridors: Strong participation from Central Asia, China, the Caucasus, and Black Sea countries…

  • Kazakhstan Wheat Exports Break Into Algerian Market

    Kazakhstan Wheat Exports Break Into Algerian Market

    New Trade Flow: Kazakhstan exported 390,000 MT of wheat to Algeria between January and November 2025, a sharp increase from negligible volumes in prior years. State Support: Government freight subsidies and diplomatic engagement underpinned the competitiveness of Kazakh wheat into North Africa. Market Impact: The entry of Kazakhstan into Algeria, a 9 MMT/year importer, adds…

  • Ukrainian Millet Exports Hit Two-Year Low

    Ukrainian Millet Exports Hit Two-Year Low

    Ukraine exported only 4.53 thousand tons of millet in November 2025, the lowest monthly volume in two years. Bearish freight signal: Weaker millet export flows are reducing small parcel cargo availability from Ukrainian ports. Handy-size vessels serving niche grain trades may face softer freight rates on affected routes. Ukrainian Millet Export Update According to APK-Inform,…

  • Ukrainian Barley Prices Rise on Tight Supply

    Ukrainian Barley Prices Rise on Tight Supply

    Ukrainian feed barley prices are edging higher on tightening domestic supply and steady trader demand. Export prices at Ukrainian ports strengthened by $2–3/t, signaling a firmer external market backdrop. Market sentiment is bullish, with farmers holding a stronger negotiating position amid reduced selling. Ukrainian Barley Prices Trend Higher on Tight Supply Ukrainian feed barley prices…

  • South Korea Feed Wheat: Russian Wheat Exclusion

    South Korea Feed Wheat: Russian Wheat Exclusion

    South Korea’s NOFI secured around 65,000 mt of feed wheat for delivery by April 2026 in an international tender. The tender explicitly excluded Russian, Argentine, Pakistani, Danish, and Chinese origins, signaling targeted supply-chain de-risking. The $261.65/t C&F price (plus $1.30/t unloading) acts as a long‑dated benchmark but is expected to have minimal impact on current…

  • Kazakhstan Rail Monopoly Fined 1.42B Tenge

    Kazakhstan Rail Monopoly Fined 1.42B Tenge

    Enforcement: Kazakhstan’s competition agency fined KTZ-Freight Transportation LLC 1.42 billion tenge for abusing its monopoly position in the rail freight market. Access: Preferential treatment for KTZ affiliates created barriers for private freight forwarders, limiting market access. Outlook: The finalized ruling and paid fine may support a gradual shift toward more competitive and efficient domestic rail…

  • Ukrainian Wheat Prices: Mixed Signals, Range-Bound

    Ukrainian Wheat Prices: Mixed Signals, Range-Bound

    Ukrainian wheat prices moved within a previously established range, reflecting mixed but contained market signals. Sufficient grain supply contrasts with uneven demand, as some buyers raised bids for large volumes while overall trader interest stayed muted. CPT-port bids held steady, with Class 2 milling wheat at $215–223/t and feed wheat at $208–216/t, indicating a broadly…

  • Black Sea Sunflower Oil Prices Rise Amid Global Mix

    Black Sea Sunflower Oil Prices Rise Amid Global Mix

    Slightly Bullish: FOB Black Sea sunflower oil prices rose by $5.00/t to $1,215.00/t, marking a weekly high on firm regional demand and tighter near-term supply. Bearish: Broad weakness in the soybean complex, including sharp declines in Brazilian soybean oil and global soybean meal benchmarks, signals headwinds for the wider vegetable oil market. Mixed Demand Signals:…

  • Kazakh Rail Grain Exports Surge, Shifting Regional Trade

    Kazakh Rail Grain Exports Surge, Shifting Regional Trade

    Bullish: Sharp 45% drop in grain exports from Russia’s Kuban region tightens supply for Black Sea loadings, supporting FOB premiums. Bearish: EU’s projected 10% decline in sunflower oil imports signals weaker demand for regional sunoil, pressuring crush margins and prices. Neutral to Competitive: Kazakhstan’s 36% surge in rail grain exports boosts regional overland supply and…