Last year the EU was the largest producer of rapeseed in the world with a market share of more than 20%. Photo: Canva
Rapeseed price rises above €430 per tonne, driven by tight EU harvest and higher demand. There is also a focus on imports, especially from Ukraine. The rapeseed quotation on the Paris futures market returns to price levels above € 430.00 per tonne. This means that the price on the futures market is considerably higher than the low point of just above € 400.00 per tonne at the end of February.
Rapeseed benefits from rising prices for soya and palm oil. In addition, there are also rapes
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