Poland: Prices of rapeseed and its processing products (6.11.2022)

Published 2022년 11월 17일

Tridge summary

The article reports on the current prices of commodities such as rapeseed, refined rapeseed oil, and rapeseed meal in Poland, as provided by the Ministry of Agriculture. Between November 6 and 7, 2022, the prices of rapeseed and rapeseed meal decreased by 4.9% and 1.2%, respectively, compared to the previous week, while year-over-year, these prices were 2% and 33.9% lower, respectively. On the other hand, the price of refined rapeseed oil experienced a significant increase, rising by 8.8% from the previous week and 55.2% from the same period last year.

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

Original content

Prices of rapeseed, meal and oil Commodity Price [PLN/t] Weekly price change Annual price change November 6, 2022 October 30, 2022 November 7, 2021 [%] [%] Rapeseed 2988 3141 3048 -4.9 -2.0 Refined rapeseed oil 8224 7556 5299 8.8 55.2 Rapeseed meal 1577 1559 1178 1.2 33.9 In the analyzed period, rape seeds cost PLN 2,988/t, which is 4.9% less than a week earlier. Compared to November 2021, when PLN 3,048/t was quoted, the prices of this raw material decreased by 2%. In the period from October 30 to November 6, 2022, the market of oilseeds in Poland recorded an increase in the average price of refined rapeseed oil. A week ago, a ton was sold for PLN 7,556/t, on November 6 this year. this price increased by 8.8% and amounted to PLN 8,224/t. Over the year, prices increased by 55.2%. The data collected by the Ministry of Agriculture show that in the period in question, rapeseed meal sales rates increased by 1.2% to PLN 1,577/t. In turn, in the ...

Source: Gospodarz