Germany is ready to give a premium for the oil content of the new rapeseed crop

Published 2024년 5월 6일

Tridge summary

Germany and Bulgaria are actively purchasing new harvest Ukrainian rapeseed at competitive rates below the August MATIF, with Germany offering -25-30€ for 40% crude oil and Bulgaria at -30-35€ for 42% crude oil. Unlike Bulgaria, Germany provides a premium for higher oil content. Meanwhile, Ukrainian seaport buyers are purchasing at $410-415 for 43% crude oil, without offering a premium for oil content. Market analysts, however, warn that these prices are subject to significant fluctuations by July 2024 due to potential global market events, indicating a volatile market ahead.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Germany is buying Ukrainian rapeseed of the new harvest at the level of -25-30€ before the August MATIF for crude oil of 40%, and is also ready to pay a premium for oiliness, Spike Brokers reports. In the direction of Bulgaria, rapeseed buyers are ready to pay -30-35€ before the August MATIF for crude oil 42% without additional premium for oil content. Buyers in seaports of Ukraine are considering offers at the level of $410-415 for 43% crude oil without additional premium for oil content. The latest indications of buyers 2024: By the time of delivery in July, various events may ...

Source: Superagronom

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