UkrAgroConsult: Ukraine's July rapeseed exports hit a three-year high

Ukraine exported 124,300 tonnes of rapeseed in the first month of the new 2017/18 season, or twice as much as in July 2016 (61,300 tonnes). Such an active start of export sales is observed for the first time in the last three seasons, reports UkrAgroConsult.

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European countries continued to be the key buyers of Ukrainian rapeseed in July 2016/17 (66% of total exports). Among them, the greatest volumes were shipped to Germany and Portugal, reads the report.

Read alsoRapeseed seen as most profitable among oilseed crops in 2017 – expertThe new marketing year promises to be more productive in the rapeseed market. This year's rapeseed crop will be up at 2.1-2.2 million tonnes that will enable Ukraine to raise its export potential by almost 60% against last year.

Further prospects of the oilseeds/vegoils market in the Black Sea region countries will be discussed at the V International Conference "Black Sea Oil Trade", which will take place on September 19, 2017, in Hilton hotel, Kyiv, Ukraine.

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