According to APK-Inform, the bid prices of Ukrainian rapeseed (DAP-Poland) have been declining since the beginning of November.
The prices are pressured by lower demand from importers, who have already accumulated rapeseed stocks for medium and long-term operation. Only few buyers are demonstrating the strong demand. Competition on the market amid sufficient number of offers of Ukrainian and European rapeseed added pressure.
Over the reporting period, the bid prices of Ukrainian rapeseed for delivery to Poland have decreased by 20-70 EUR/t and totaled 520-560 EUR/t DAP as of the morning of November 24.
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