Last week, a downward price trend prevailed in Ukrainian wheat market. Export prices for 11.5% protein wheat decreased USD 1-2 FOB with delivery in November-December. The market was still pressured by competition in the Black Sea region and slight reduction of importers’ activity in November. Moreover, it seems the demand for the 3rd grade wheat from such a promising market as India will no longer be so strong this season. Last week, India imposed a 20% wheat import duty.