Rapeseed export rates from Ukraine in July are the lowest in the last three years
Traders are already taking into account the 10% export duty when forming the purchase price in hryvnia. This sharply reduces competition and puts pressure on domestic prices. This is reported by Spike Brokers.
As brokers noted, the rate of rapeseed exports in July is the lowest in the last three years.
“The combination of a reduced harvest, duties and delays in the harvesting campaign is a complete set of negative factors that put pressure on the market,” the report says.
At the same time, prices in ports remain stable — $530-540/t CPT with delivery in August, depending on quality.
The latest indications from buyers were at the level of ~$530-540/t DAP Ukraine (Odesa).
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