Rapeseed prices remain at last week’s levels. In terms of Europe, active imports of Australian rapeseed are saturating the domestic market. Thanks to the export margin of Australian rapeseed, which is approximately $80 per tonne, rapeseed prices in Europe will be well contained from rising. Last year, the import of Australian rapeseed amounted to over 3 million tonnes, accounting for nearly 50% of the total volume.
Latest buyer indications:
• DAP Latvia (central) 40% ~ €385–390
• DAP Ukraine (border) (train) ~ €345–348
• DAP Germany (East) (truck) 40% ~ €420–425
• DAP Germany (East) (train) 40% ~ €395–400
• CIF Romania (port) 43% ~ €400–408
