Ukraine sold 60,000 tons of rapeseed oil to China; processors are looking for rapeseed

As of October 30, Ukraine exported 424,000 tons of rapeseed, but is lagging behind the contracted volumes due to logistical difficulties. As of November, 60,000 tons of Ukrainian rapeseed oil were sold to China, which boosted domestic demand from processors. This was discussed on October 31 during the weekly briefing organized by the analytical center of the agricultural cooperative "PUSK", created within the framework of the VAR. "Ukraine does not have time to deliver the contracted quantities of rape because of logistics: some farmers did not receive wagons on time. Because of corn deliveries 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 CRT 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," PUSK ...