Prices of rapeseed and its processing products in Poland on January 23, 2022

Published Jan 30, 2022

Tridge summary

The article reports on the current prices of rapeseed, meal, and oil in Poland, as monitored by the Ministry of Agriculture. Between the weeks of January 16 and 23, 2022, there was a noticeable trend in the market. Rapeseed prices saw a slight decrease of 0.8% from the previous week, reaching PLN 3,379 per ton, but significantly increased by 82.2% compared to the same period last year. Refined rapeseed oil prices also increased by 3.1% compared to the previous week, now at PLN 6,372 per ton, showing an annual growth of 64.5%. On the other hand, the sales rates of rapeseed meal experienced a decrease of 3.6% to PLN 1,290 per ton, but still mark a 7% increase compared to the same period last year.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Rapeseed, meal and oil prices Commodity price [PLN / t] Weekly price change Annual price change 23/01/2022 01/16/2022 01/24/2021 [%] [%] Rapeseed 3379 3406 1855 -0.8 82.2 Refined rapeseed oil 6372 6353 3873 0.3 64.5 Rapeseed meal 1290 1338 1206 -3.6 7.0 In the analyzed period, rape seeds cost PLN 3,379 / t, which is 0.8% less than the week before. Compared to January 2021, when the price was PLN 1,855 / t, the prices of this raw material increased by 82.2%. In the period from 16 to 23 January 2022, the oilseeds market in Poland saw a decrease in the average price of refined rapeseed oil. A week ago, a tonne was sold for PLN 6372 / t, on January 23 this year. the price increased by 3.1% and amounted to PLN 6372 / t. On an annual basis, prices increased by 64.5%. The data collected by the Ministry of Agriculture show that in the discussed period, the sales rates of rapeseed meal fell by 3.6% to PLN 1,290 / t. In turn, in the perspective of one ...
Source: Gospodarz

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