On Aug 22, the price for Black Sea Wheat futures contract for September delivery didn’t change again
2012-08-23 15:04:48
On Aug 22, the price for Black Sea Wheat futures contract for September delivery didn’t change again and amounted to USD 303.00. The price of September BSW contract has been steady during the last 3 sessions.
As before BSW quotations didn’t respond to reduction of grain crop in Russia (down to 75 MMT against 75-80 MMT) and Libyan purchase of 50 KMT of Russian wheat.
Bid prices increased to USD 299 against USD 295 during the last session; ask prices – strengthened to USD 307 against USD 303.