Cereals pricing is based mainly on quotations from two world exchanges: European EURONEXT MATIF and American CBOT. Trading in Poland is mainly based on MATIF quotes, where...
"View from the MATIF and CBOT trading system"
For easier understanding of the charts above we provide a simple interpretation:
Cereals pricing is based mainly on quotations from two world exchanges: European EURONEXT MATIF and American CBOT. Trading in Poland is mainly based on MATIF quotes, where cereal prices are quoted through contracts for each delivery month:
Wheat and corn - January, March, May, August, November
Rapeseed - February, May, August, November.
To price cereal in Poland so called premium has to be added or subtracted. Premium includes the costs of transportation, handling, storage, insurance, etc.. Premium is variable and depends on situation on domestic market for the moment. The price in Polish zloty is additionally determined by current exchange rate of EUR / PLN.
"Interpreting Matif and CBOT quotes"
In a simplified version (as above) exchange settle quotes from previous day for both exchanges are available each day at 08:00 - 09:00 am. Those who are interested in current quotation of the chosen stock exchange are welcome to contact us directly.
Access to the service does not require user log in. Just click in the top menu panel -> Services -> Quotes,
"Menu options, Quotes tab"
or on the home page in the area named "Quotes".
"Quick View area for trading on both exchanges"