The rapeseed market was the least affected by military operations in Ukraine
Canola Seed & Rapeseed
Ukraine
Published Jul 22, 2022
Tridge summary
In the first half of 2021/22 MR, more than 98% of all export potential was realized
Original content
The rapeseed market was the least affected by the war, although the most active phase is in the first half of the season. This was reported by Svitlana Kupreyeva, an analyst of the UkrAgroConsult oil market. Currently, the share of exports in the rapeseed harvest has already exceeded 90%. "The peculiarity of the 2021/22 MR is the relatively high shipments of rape during the period of hostilities, which became possible due to the solution of logistical problems, the restoration and creation of new logistics chains in the presence of demand from the EU countries. This trend was observed in the last three months, when monthly exports exceeded the average of the three previous years: April – by 160%, May – by 274%, June – by 469%,” the message reads. It is noted that EU countries are key importers of rapeseed. The share of participation was reduced to 67% against 83% a year earlier due to Pakistan's entry into the Ukrainian market (12% of all exports) and increased purchases from ...
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