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Some commodity prices have returned to their prewar levels, partly thanks to an agreement allowing grain carriers to leave Ukrainian ports, but Asian consumers are not benefiting. (Nikkei montage/Reuters)
Market Spotlight

Six months since Russia attacked Ukraine: Will grain prices drop?

Expert warns of possible 'second wave' as fertilizer costs remain a problem

KENTARO IWAMOTO, Nikkei staff writer | Japan

TOKYO -- Much-awaited shipments of wheat, maize and soybeans left Ukraine early this month, starting a chain reaction that has at least temporarily toppled high commodity prices.

Ukrainian Infrastructure Minister Oleksandr Kubrakov on Aug. 8 tweeted that the first ship had reached a Turkish port on the other side of the Black Sea and that other ships "will arrive at the ports of destination in the coming days."

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