Domestic rapeseed prices in Ukraine are rising following sunseed prices

actively buy up existing volumes. According to experts’ forecasts, domestic rapeseed processing this season will exceed 1 million tons, while in the MY 2024/25, according to the Ukroliyaprom association, only 0.5 million tons or 14% of rapeseed production was processed in Ukraine, and another 3.1 million tons were exported. It is noted that rapeseed oil exports last season amounted to 210.4 thousand tons, of which 153.5 thousand tons were shipped to EU countries and 48.3 thousand tons to China. Against the backdrop of a decline in the forecast for the sunflower harvest, processors increased their demand prices for it by UAH 500/t to UAH 28,000–28,500/t ($590–600/t excluding VAT) during the week, and for rapeseed by UAH 500/t to UAH 24,000–24,500/t ($510–520/t excluding VAT). Export prices for rapeseed remained at 23,300–23,600 UAH/t ($540–550/t) with delivery to Black Sea ports, as customs require payment of 10% duty in the form of a guarantee, and only then accept the conclusions ...