The increased demand for rapeseed stimulates the rise in prices on the domestic market, providing benefits to exporters.

On the domestic market, last week there was an increase in demand for rapeseed, stimulating supply. Export companies received favorable prices due to the price restrictions on rapeseed oil for processors. Purchase prices for processors ranged from 20000-21500 UAH/ton, while exporters offered around 20400-20500 UAH/ton.

27 August 2024

Last week, there was an increase in demand on the domestic rapeseed market, primarily to stimulate an increase in supplies.

Export-oriented companies could enjoy more attractive prices as processors faced restrictions on the cost of rapeseed oil.

Thus, the purchasing prices of processing plants ranged from 20,000 to 21,500 UAH/ton CPT, depending on the region and payment terms, and sometimes were even lower, while exporters offered prices on EXW terms, which often started from 20,400-20,500 UAH/ton.

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