Declining Demand Impacts Rapeseed Prices

Rapeseed prices in Ukraine have been gradually decreasing due to limited buyer interest and weaker international demand. Domestic market trends indicate that lower prices are being offered for the new crop compared to the current crop. Exporters remain the primary buyers, but overall purchasing activity has been subdued.

Limited Buyer Participation Slows Market Activity

The number of active buyers in the Ukrainian rapeseed market remains small, leading to reduced price competition. Exporters continue to source rapeseed, but demand has not been strong enough to support previous price levels. Meanwhile, domestic processors have shown increased interest in purchasing rapeseed for oil extraction, particularly as challenges persist in sunflower seed processing.

New Crop Pricing and Market Trends

As the focus shifts to the next harvest, traders are keeping a close watch on new crop pricing. However, forward contracts for the 2025 rapeseed crop remain scarce, as market participants are hesitant to commit given current price fluctuations. Uncertain global demand and logistical constraints have further contributed to the cautious sentiment among suppliers.

Conclusion: Weak Demand Keeps Rapeseed Prices Under Pressure

With demand remaining sluggish and buyers hesitant to engage in forward contracts, rapeseed prices in Ukraine are likely to stay under pressure. Unless international demand improves or domestic processing capacity increases significantly, the market may continue to experience slow activity in the near future.

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