Rapeseed prices in Ukraine fell by 1500 UAH/t following the collapse of stock prices

Purchase prices for rapeseed delivered to Ukrainian ports of the Black Sea continue to fall following the decline in stock prices and reduced demand from traders due to a decrease in rapeseed stocks in Ukraine. During the week, the price of rapeseed in ports fell by 1000-1500 UAH/t to 24800-25000 UAH/t or 520-530 $/t under pressure from the decline in quotations on the stock exchange in Paris by 7%. February futures for rapeseed on the Paris MATIF yesterday fell 1.5% to 505,75 €/t or 531 $/t (-7.1% for the week, -0.6% for the month), almost losing the speculative growth of the last month due to the collapse of prices for canola in Canada, caused by the statement of trump’s intention to impose a 30% duty on Canadian goods. January futures for canola on the Winnipeg stock exchange for the week fell by 8.6% to 580 CAD/t or 412 $/t (-10.3% for the month), which significantly increases the prospects for increasing the supply of cheap canola to the EU. According to Fediol, in October, ...