drastic drop in turnover due to inactivity of exporters

16.07.2021. / 16:22

NOVI SAD – In trading through the Novi Sad Product Exchange, a turnover of only 950 tons of goods was realized this week, whose financial value was around 28 million dinars / around 236,000 euros /, it was announced today from the Exchange.

wheat

FOTO; Pixabay

Quantitatively, the turnover was lower by 84.71 percent, and financially by 84.62 percent compared to last week.

Stock exchange brokers see unusually low turnover primarily in the reduced activity of exporters.

A little more wheat of a new kind was demanded, and sales contracts were concluded at a price of 22 dinars / about 0.19 euros / per kilogram, including value added tax / VAT /.

The price of a new kind of wheat is 8.11 percent higher than the price of that grain in the same period last year, after the harvest.

Weak demand of domestic processors for corn conditioned that only one purchase contract was concluded through the Stock Exchange, at the price of 28.38 dinars / about 0.24 euros / per kilogram with VAT.

That is a 0.47 percent drop in the price of corn compared to last week.

Farmers are most worried, brokers note, about the lack of precipitation, ie the reduction of soil moisture reserves, which will certainly affect the reduction of corn yield.

Soybeans were not traded during this period.

Soybeans were offered in the price range from 73 to 74 dinars / about 0.62 euros / per kilogram without VAT, but there were no buyers.

Livestock barley, SRPS quality, was traded at a price of 21.67 dinars / about 0.18 euros / per kilogram with VAT.

When it comes to oilseed rape, one contract was realized with that oilseed at parity CPT Bačka, at a price of 515 euros per ton. That is 60.55 dinars / about 0.51 euros / per kilogram without VAT, in dinar equivalent on the day of payment at the middle exchange rate of the National Bank of Serbia. Roe deer


Source: Capital.ba – Informacija je capital by www.capital.ba.

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