Tridge summary
The euro's strength and increased canola prices on MATIF have led to a rise in dollar prices for rapeseed to $500 at seaports, according to Spike Brokers analysts. Demand for rapeseed towards the western border is at €410 FCA for 40% oil content, with variations in buying prices from different countries such as Ukraine, Germany, Czech Republic, and Bulgaria. Despite the increase in rapeseed exports by 13.5% in July, the demand remains high and is reflected in the varied buying prices.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
The strengthening of the euro and the recovery of canola prices on MATIF allowed dollar prices to rise to the level of $500 in the direction of seaports. This is reported by Spike Brokers analysts. Demand for rapeseed in the direction of the western border at the level of €410 FCA for oil content 40% with an additional premium for oil content. Latest indications of buyers: • DAP Ukraine (Odesa) 42% ~$490-500; • FCA Ukraine (border) 40% ~405 -€410;• DAP Germany (East) ...
Source: Agrotimes
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