"Fat-and-Oil Industry - 2018" Ukraine, Kyiv

DATE
Nov 6, 2018

Russia: in 2018/19 MY, the export share in the supply and demand balances of rapeseed exceeded 25%

Source

APK-Inform

2941

According to APK-Inform figures, in 2018/19 MY Russia exported nearly 527 thsd tonnes of rapeseed, an increase of 49% compared with the previous season, which became the absolute record in the whole contemporary history of the Russian oilseed shipments on the foreign market.

In addition, in the supply and demand balances of rapeseed in Russia, which last season exceeded 2 mln tonnes, the share of exports reached 26% for the first time, against 23% in the previous season, and 7% in 2016/17 MY.

At the same time, not only the stable interest from China, which was the main country-importer of Russian rapeseed for several previous seasons, contributed to increasing of the shipments. So, in 2018/19 MY Belarus purchased more than 50% of the Russian oilseed, which moved China to second position in the TOP of countries-importers.

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