Most of the demand of the European buyers for rapeseed is concentrated in January-March. The saturation of the European market with rapeseed is confirmed by the continuation of the downward trend in imports; in October, the imports were 48% lower than last year for the same period, SPIKE BROKERS analysts said.
According to the data, the latest buyer indications are:
| DAP Ukraine (Danube) | $330-335 |
| DAP Latvia (center) | 380-390€ |
| DAP Germany (east) (train) | 400-410€ |
| DAP Romania (port) (auto) | 370-375€ |
Most of the demand of the European buyers for rapeseed is concentrated in January-March. The saturation of the European market with
Most of the demand of the European buyers for rapeseed is concentrated in January-March. The saturation of the European market with
In October, Ukraine exported 299 thsd tonnes of rapeseed, compared to 420 thsd tonnes in September.
According to the US Department of Agriculture, the Asian giant purchased about 5.1 million tons of oilseeds, although in January it was forecasted to be within 2.5 million tons, The Western Producer reports.
The prices for rapeseed decreased by 40 € over the past two weeks due to the saturation of the European market with rapeseed, according to analysts of SPIKE BROKERS.
In 2023, the significant increase of rapeseed processing was favorable for the growth of rapeseed oil exports in July-August of 2023/24 MY.
This year, Ukraine’s rapeseed production may reach a new historical high of 4.2 mln tonnes (+5% compared to the previous estimate; +17% compared to 2022).
Astarta’s agricultural enterprises have completed harvesting of early grains on an area of 57 thousand hectares. The total gross harvest of winter and spring crops exceeded 330 thousand tons, including 271 thousand tons of winter wheat and 56 thousand tons of rapeseed.
The price of rapeseed decreased despite good margins. At the same time, experts note that this is only a situational moment, prices will not be so low.
Most of the demand of the European buyers for rapeseed is concentrated in January-March. The saturation of the European market with