Ukraine: A decrease in the demand of importers caused a decrease in export prices for rapeseed

Published Mar 10, 2023

Tridge summary

Since the end of February, the price of non-GM rape seeds on the Ukrainian export market has been decreasing towards the western border, with a decrease of 20-25 USD/t. This is despite low activity from agricultural producers and is due to the slow pace of trade and purchasing activity. The variation in prices is currently between 480-515 USD/t DAP-borders.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to IA "APK-Inform", since the end of February, prices have been decreasing on the Ukrainian export market of non-GM rape seeds in the direction of the western border. It is noted that, despite the extremely low activity of oil supply from agricultural producers, the development of a downward price trend was facilitated by the low pace of trade and purchasing activity. Demand from importers was mostly situational, as buyers mainly formed a base of raw materials for work or switched to purchasing other oil crops. Thus, during the specified period, oil demand prices decreased by 20-25 USD/t and, as of the end of the day on March 8, often vary ...
Source: Superagronom

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