Russia considerably reduced rapeseed exports

28.07.2016

As UkrAgroConsult expected before, the last months of the season did not make any significant changes in the trend of rapeseed export market reduction during the third consecutive year. In 2015/16 season Russia exported only 27.9 KMT of rapeseed, while 143 KMT of rapeseed was shipped to foreign markets in 2014/15 season and 174 KMT in 2013/14 season.

The bulk of Russian rapeseed was exported to Chinese market. During the last three seasons the progress in relations with this country was obvious. Back in 2013/14 MY supplies to China were insignificant. In the 2014/15 season about 19% of all rapeseed was exported to China. Then in season 2015/16 nearly 14.4 KMT or 51.6% of all Russian rapeseed exports was supplied to this country.

More detailed information on Russian rapeseed exports as well as on rapeoil/rapemeal exports is available to subscribers for weekly market reports “Black Sea Vegoils & CIS” by UkrAgroConsult.

 

 

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