Since the end of July there has been a trend towards rising prices for Ukraine in the Danube ports of Ukraine rape seed.
The development of this situation was mainly due to high demand from export-oriented companies and the lower cost of rapeseed of Ukrainian origin compared to oil prices from EU countries. Prices were also supported by the increase in oil prices in the world market. At the same time, the promotion of rapeseed crops in EU countries and the gradual increase in the number of its offers have put some pressure on Ukrainian seed prices.
So, the prices for rapeseed in the Ukrainian ports of the Danube for the specified period are around 26-31 €/Tonne have risen and will be expressed predominantly within 10-382 €/ton from August 421th.
We will note that market operators place some hope on the renewal of exports from the Black Sea ports of Odessa, southern, the Black Sea, from which agricultural products have begun to be withdrawn within the agreement on the “Grain Gang”.