Ukrainian rapeseed reacts more significantly to the lack of exports than soybeans do
During the week, Sep 5 – 12, the domestic market price fell by UAH1,500/mt to UAH21,500/mt (USD519.73/mt) .
The trend is generally the same as in the soybean market: processors purchase raw materials at a favorable price to increase their processing margin. The need for faster sales could put additional pressure on prices.
More detailed information on the latest trends in oilseeds/vegoils and meals exports, supply and demand balances with breakdown by crop, price behavior, crop conditions and progress in harvesting/planting in the countries of Black Sea Region is available to subscribers for Online Analytics “Black Sea Vegoils” in the new innovative tool for agri market participants – AgriSupp by UkrAgroConsult. Subscribe to a 7-day free trial!
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