Ukraine cannot cope with rapeseed exports

Published 2023년 11월 1일

Tridge summary

Ukraine has experienced difficulties with logistics, resulting in a delay in delivering the contracted volumes of rapeseed for export. The lack of wagons and congestion at ports have contributed to the delays. Despite falling prices and the export challenges, the demand for rapeseed oil from processors is growing, with significant sales to China in November.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

As of October 30, Ukraine exported 424,000 tons of rapeseed. However, it lags behind the contracted volumes due to difficulties with logistics, noted the analytical center of the agricultural cooperative "PUSK", created within the borders of the VAR. Follow the news in a convenient format: Follow us on Twitter Ukraine does not have time to deliver the contracted volumes of rape because of logistics: some farmers did not receive wagons on time. Due to the supply of corn to Romania, there were queues and delays of wagons. In addition, the work of Odesa ports has intensified — and there is not enough wagons. Liquidity on the market is low, conditional prices on the basis of SRT seaports amount to UAH 14,000-14,500/t. It should be noted that mostly rapeseed is exported by road and rail to the Czech Republic and the Baltic States, and not by sea, analysts note. In Ukraine, rapeseed volumes are concentrated at the level of 500,000 tons. At the same time, sellers are in no hurry to sell ...
Source: Landlord

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