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Prices for rapeseed have stabilized after a slight increase: details of the analysis of the market for oilseeds.
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Prices for rapeseed have stabilized after a slight increase: details of the analysis of the market for oilseeds.

Prices for rapeseed on the domestic market last week have slightly increased, attracting more offers. However, due to active exports, a large part of the stocks have already been depleted.

Rains in some areas did not hinder companies from continuing to sow winter rapeseed. In Ukraine, almost 1 million hectares of winter oilseeds have been sown.

15 October 2024 15 October 2024

Last week, prices on the domestic rapeseed market fluctuated slightly, increasing by 100-200 UAH/ton. This adjustment was aimed at attracting more supply of raw materials. However, even with the price increase, rapeseed supply remained low as a significant portion of stocks had been depleted due to active exports.

Main buyers in the market were companies focused on exports.

It is interesting to note that last week, rains occurred in many regions of the country. Nevertheless, some companies continued to sow winter rapeseed, despite the optimal time for sowing having passed.

According to the latest data, as of October 7, nearly 1 million hectares of winter oilseeds were sown in Ukraine, which is 11% less than the same period last year.

For more detailed information on prices and analytics, you can find it in our weekly reviews. Also, for more news updates, join our Telegram channel.

 

 

 

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