In Ukraine, prices for rapeseed have collapsed: reasons

The increase in sunflower prices and the reduction in market supply are the main factors contributing to the fall in rapeseed prices in October. At the same time, the export of the crop has increased several times. This is reported by the publication APK-Inform. On the domestic market in Ukraine, some processors have reduced prices because: The rapid rise in the cost of sunflower and the reduction in rapeseed supply have restrained the market from further price declines. There is an increase in the level of rapeseed exports, although it still lags behind last year's figures. The reason: the export duty and the need for agricultural producers to pay it. The average price per ton is 21,406 hryvnias. The cost of rapeseed changes daily. A week ago—on October 13, rapeseed was worth 21,158 hryvnias per ton, and by October 17, it had risen to 21,523 hryvnias. Then prices were expected to drop to 21,406 hryvnias. It should be noted that rapeseed is one of the key agricultural crops in ...