Rapeseed market enters off-season lull

The rapeseed market of Ukraine is entering a phase of interseasonal lull. The supply on the domestic market is rapidly decreasing: a significant part of the resource was sold during the fall and at the beginning of winter.

This was reported by Spike Brokers in Telegram.

“Processing is actively reorienting to sunflower, and most traders are focusing on export operations or forward purchases for the 2026 harvest,” experts note.

In January 2026, Ukraine exported about 130 thousand tons of rapeseed, as well as another 50 thousand tons of rapeseed oil, which is equivalent to approximately 100 thousand tons of seeds.

“In total, this is more than 230 thousand tons of rapeseed removed from the country’s internal balance in just one month. As of the end of January, the estimated rapeseed balances in Ukraine are approximately 600 thousand tons, which is atypical for the second half of the season,” the experts add.

On the European MATIF futures market, rapeseed continued to decline. The May contract (XRK26) closed at €472.75, losing €5.25 per day. The August (XRQ26) and November (XRX26) contracts lost €2.75 each, indicating expectations of excess supply in the new season and reduced demand from the biofuel segment. All contracts for the 2027-2028 season lost between €3.25 and €5.25.

“In the physical FOB segment, rapeseed oil prices (Dutch origin) increased by €10 per week to €1,055 (for all delivery terms), supported by stable demand in the EU,” the analysts summarized.

Tags: Ukraine, prices, rapeseed