News

Ukraine: The purchase prices for rapeseed at elevators increased to UAH 13.5-14.5 thousand/t

Canola Seed & Rapeseed
Ukraine
Published Aug 11, 2022

Tridge summary

International traders are very slowly resuming purchasing activities in Ukraine, and so far almost the only crop they are interested in is rapeseed. This is reported by analysts of the GrainTrade electronic grain exchange. Following the rise in the prices of oilseeds on the world exchanges, the purchase prices for rapeseed in Ukraine rose from 13-13.5 thousand UAH/t to 13.5-14.5 thousand UAH/t in a week […]

Original content

International traders are very slowly resuming purchasing activities in Ukraine, and so far almost the only crop they are interested in is rapeseed. This is reported by analysts of the GrainTrade electronic grain exchange. Following the rise in the prices of oilseeds on the world exchanges, the purchase prices for rapeseed in Ukraine rose from 13-13.5 thousand UAH/t to 13.5-14.5 thousand UAH/t in free-elevators. Some traders began to buy rapeseed with delivery to the port of Odesa and Chornomorsk at a price of UAH 15-15.5 thousand/t. Rape and canola quotes this week followed soybean prices, but may fall in the near future under the pressure of increased offers from Ukraine, the EU and Canada. Demand prices for rape with delivery on DAP Poland, Romania remain at the level of $580-620/t, but subject to mandatory ISCC certification. At the same time, when forming the purchase price, buyers increased the discount relative to the price of MATIF to 50-60 €/t, while a few weeks ago it ...
Source: Agrotimes
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