Rapeseed prices in Ukraine are forecast to rise to $540-560 per ton

Published Apr 29, 2025

Tridge summary

The analytical department of the agricultural cooperative PUSK in Ukraine predicts that rapeseed prices will increase to $540-560/t in the July-September period due to a deficit in the new-crop market. This is due to traders and processors increasing their purchases due to limited supply and stable demand from the EU. Despite European market fluctuations, Ukrainian rapeseed prices are still experiencing an upward trend due to an imbalance between existing export contracts and actual purchases. Farmers are withholding from selling and forward contracting due to difficult weather conditions. The price of the May rapeseed contract on the Paris stock exchange also saw a significant increase, which is supporting the prices of the new crop.

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

Original content

According to the forecasts of the analytical department of the agricultural cooperative PUSK, established within the framework of the All-Ukrainian Agrarian Council, rapeseed prices in Ukraine in July-September will rise to $540-560/t on a CPT-port basis. Experts note that a deficit market for new-crop rapeseed is forming in Ukraine, as traders and processors increase their purchases against the background of limited supply and stable demand from the EU. Prices for new-crop rapeseed are in the range of 475-480 euros/t, but may rise to 500-510 euros/t. In Ukraine, traders' price ideas for rapeseed deliveries to Black Sea ports in July-August are in the range of $510-515/t excluding VAT, while processors offer $535-545/t, and sometimes even $550-560/t excluding VAT. Despite the fluctuating development of European markets, rapeseed prices in Ukraine remain subject to an upward trend due to the imbalance between the volumes of already concluded export contracts (1.7-1.8 million ...

Source: Sinor