World exports of rapeseed oil in the first quarter of this year may grow by 13%

게시됨 2021년 3월 16일

Tridge 요약

Experts at Oil World predict a 13% annual increase in global rapeseed oil exports for January-March 2021, largely due to increased shipments from the EU to China. However, global exports may decrease in April-September due to anticipated declines in the supply of old-crop rapeseed and canola seeds in Canada and the EU. Despite potential supply issues, experts anticipate record-level world exports of rapeseed oil by the end of 2020/21 MY, with increased shipments to China, Mexico, and the United States. The strong demand for rapeseed oil has also led to an increase in rapeseed processing margins.

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원본 콘텐츠

According to forecasts of experts from Oil World (Germany), the world export of rapeseed oil in January-March 2021 may increase by 0.2 million tons, or 13% per year, practically only due to a significant increase in shipments of the product from the EU to China. At the same time, already in April-September of this year. Global shipments of rapeseed oil may be reduced due to expected declines in the supply of old-crop rapeseed and canola seeds in Canada and the EU. Nevertheless, in general, by the end of 2020/21 MY, experts predict world exports of rapeseed oil at a record level of 6.1 million tons, with an increase in shipments to China, Mexico and the United States. In addition, analysts note that strong demand ...

출처: Oilworld