Reduced domestic supply will increase EU dependence on imported rapeseed

게시됨 2021년 3월 5일

Tridge 요약

EU countries are expected to increase rapeseed imports in the first half of this year due to a significant reduction in domestic supply and rising prices. Stocks of rapeseed in the EU have decreased to 8.7 million tons from 9.1 million tons a year earlier and 10.7 million tons in January 2019, due to high margins of oilseed processing. Record rapeseed imports in the EU are predicted to reach 6.55 million tons in 2020/21 MY, with Australia and Canada being the main suppliers. However, Canadian canola supplies to the EU may be half of last year's due to a reduction in supply. The decrease in the gross harvest of rapeseed in the EU is expected to increase dependence on imported products and may encourage European importers to seek new suppliers, with an increase in purchases of oilseeds from Uruguay.
면책 조항: 위의 요약은 정보 제공 목적으로 Tridge 자체 학습 AI 모델에 의해 생성되었습니다.

원본 콘텐츠

03/05/2021 EU countries can significantly increase rapeseed imports in the first half of this year. against the background of a significant reduction in domestic supply of oilseeds and rapidly growing prices for it in the European market, Reuters reports, citing data from Oil World. As of the beginning of January of this year. stocks of rapeseed in the EU amounted to only 8.7 million tons against 9.1 million tons a year earlier and 10.7 million tons in January 2019.The decrease in this indicator is due to the high margins of oilseed processing in the EU, against which the processing of crops increased significantly in October -December 2020 and is likely to remain at a high level in the first quarter of 2021, which is also supported by good Chinese demand for European rapeseed oil. Oil World analysts predict the growth of rapeseed imports in the EU to a record 6.55 million tons in 2020/21 MY against 6.08 million tons last season. In particular, 2.25 million tons of oilseed will be ...
출처: Oilbranch

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