Unblocking the western borders will make it possible to resume the export of Ukrainian rapeseed to Germany

Published 2023년 12월 13일

Tridge summary

Ukraine's rapeseed reserves are currently sufficient due to a high harvest, and it is most profitable for farmers to sell to Ukrainian processors. The unblocking of the western borders has created hope for the intensification of exports in this direction. However, the market remains sideways on the exchange, and the price of rapeseed remains in a limited range, with processors predicted to raise purchase prices to UAH 14,500/t by the end of December.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Ukraine currently has sufficient rapeseed reserves, thanks to a high harvest. The level of oil prices remains stable and practically unchanged since August. Now it is most profitable for farmers to sell rapeseed to Ukrainian processors. However, the unblocking of the western borders creates hope for the intensification of exports in this direction. This was discussed on December 12 during the weekly briefing organized by the analytical center of the agricultural cooperative "PUSK", created within the framework of the VAR. "Great news for the rapeseed market was the beginning of the unblocking of the Ukrainian-Polish border. The arrival of a new minister in Poland gives hope that the blockade will be completely lifted. In 11 days of December, 110,000 tons of oilseeds were exported. Due to the blockade and too expensive logistics, in October, part of the contracted rapeseed did not leave Ukraine for Germany, where the oilseed is in demand. Back then, German traders suggested moving ...
Source: Agravery

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.