Do you need rapeseeds for the June shipment, or can you wait until August? [swpm_protected visible_to=”logged_in_users_only” custom_msg=’This content is for members only. Please <a href=”https://commodity-board.com/wordpress/login/”>login</a> or <a href=”https://commodity-board.com/wordpress/membership-join/”>sign up now</a>.’] This question is significant because there is a big price difference as there is a gap to fill until the new crop will be available. This gap is almost 100 USD/mt price difference today.
The rapeseeds harvesting period in Ukraine will start a little bit later this year because of weather conditions. The old crop is almost finished, and if you find some stocks, the offer will be around 700 USD/mt FCA Odessa. New crop will be available only for August shipment, and the prices at the market are around 580-600 USD/mt FCA Odessa. The difference is significant even for shoulder season, but this is only the beginning…
[/swpm_protected]The following reports may be of interest to you:
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