EU countries last week reduced imports of rapeseed and sunflower

Published 2020년 9월 24일

Tridge summary

Last week, imports of rapeseed and sunflower seeds by EU countries significantly decreased by 57% and 53% respectively, according to European Commission experts. The volume of rapeseed purchases reduced to 130.3 thousand tons from 304.3 thousand tons a week earlier, and sunflower seeds to 7 thousand tons from 15.1 thousand tons. There was also a decrease in the import of most processed products of these oilseeds. However, imports of sunflower oil increased by 86% last week. Since the start of the current season (July 1), rapeseed import to the EU has decreased to 1.4 million tons from 1.8 million tons in the same period last year, while sunflower seed imports have increased to 72.8 thousand tons from 61.5 thousand tons.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

09/24/2020 According to experts of the European Commission, last week the EU countries reduced imports of rapeseed and sunflower seeds - by 57% and 53%, respectively. As specified, in the period from 13 to 20 September, the volume of purchases of rapeseed by the countries of the block decreased to 130.3 thousand tons compared to 304.3 thousand tons a week earlier (taking into account the updated data of the European Commission), and sunflower - to 7 (15.1 ) thousand tons. At the same time, the import of most of the processed products of these oilseeds also decreased. In particular, the weekly deliveries of rapeseed meal are estimated at 3.1 thousand tons (-23%), rapeseed oil - at 4 thousand tons (-63%), sunflower meal - at 12.1 thousand tons (-47 %). At the same time, imports of sunflower oil last week rose to 11 thousand tons (+ 86% per week). It is also worth noting that since ...

Source: Oilbranch