Ukraine does not have time to export contracted volumes of rapeseed due to logistics problems

Published 2023년 11월 1일

Tridge summary

Ukraine has exported 424 thousand tons of rapeseed, but is facing difficulties in meeting contracted volumes due to logistics issues, such as delays in receiving wagons and queues at ports. Despite this, sellers are not rushing to sell their oilseeds and may postpone sales until December in hopes of higher prices. However, demand for rapeseed from processors in the domestic market is increasing, particularly due to sales of rapeseed oil to China. Analysts expect a slight growth in purchase prices in the next two weeks.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

As of October 30, Ukraine exported 424 thousand tons of rapeseed, but is lagging behind contracted volumes due to logistics difficulties. This was stated by experts from the analytical center of the agricultural cooperative "PUSK". “Ukraine does not have time to supply the contracted volumes of rapeseed due to logistics: some farmers did not receive the wagons on time. Due to the supply of corn to Romania, queues and delays of wagons formed. In addition, the work of the Odessa ports has intensified - and there are not enough wagons. Liquidity in the market is low, conditional prices on the basis of CPT seaports are 14,000 - 14,500 UAH/t. It should be noted that rapeseed is mainly exported by road and rail to the Czech Republic and the Baltic states, and not by sea,” analysts noted. They estimate the volumes of rapeseed concentrated in Ukraine at 500 thousand tons. At the same time, sellers are in no hurry to sell oilseeds and may postpone sales until December in anticipation of ...
Source: Oilworld

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