Ukraine is witnessing an increase in rapeseed purchases

Published Feb 4, 2026

Tridge summary

In recent weeks, Ukraine has seen an increase in rapeseed purchases, due to increased demand from exporters who are completing the formation of export batches, as well as processors who have accelerated purchases amid rising vegetable oil prices. Export purchase prices for rapeseed in Ukraine increased by $5/t to $545-550/t or UAH 24,000-25,000/t with delivery

Original content

to Black Sea ports in a week, but some traders stopped purchases, having completed the formation of export batches. Processors offer UAH 24,000-24,500/t for rapeseed with delivery to the factory, and are not ready to raise prices against the backdrop of stable prices for rapeseed oil in the EU at the level of EUR 1,050-1,060/t. But a 5% drop in oil prices in one day and a decline in rapeseed stock quotes are putting pressure on export prices, especially against the backdrop of a seasonal increase in rapeseed supply. According to Spike Brokers, in January 2026, Ukraine exported about 130 thousand tons of rapeseed and 50 thousand tons of rapeseed oil, which is approximately equivalent to 100 thousand tons of seeds. That is, together with the country’s domestic balance in January, more than 230 thousand tons of rapeseed were withdrawn. As of the end of January, estimated rapeseed residues in Ukraine were estimated at approximately 600,000 tons, and supply will increase in the spring ...

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