Price: €11.00
Member Price: €0.00

Oilseeds update: freight charges continue to rise

December 8, 2020 at 3:25 PM , Der AUDITOR
Play report as audio

FRANKFURT. Monitoring of the oilseed sector with day-to-day price comparisons.

Export demand has risen sharply in China, albeit not for pumpkin seeds. The trend has, nevertheless, driven up freight charges. Issue is that not as many ships are as yet available as in pre-pandemic times, which is prompting bottlenecks in loading and container availabilty. Freight charges have tripled within the last few months. Charges for shipments of 20' containers to Europe currently range at USD 3,400/mt and for 40' containers at USD 6,400/mt.

Sesame seed traders in India are still holding back with offers with shipments to the EU. Recent talks between India's exporters' asso

View related articles

Go to the News Overview
Grains
Apr 25, 2025
BRUSSELS. Rain has improved conditions for wheat. Ukraine’s corn exports have slumped by 20%. US soybeans are holding up surprisingly well. With the euro hitting a three-and-a-half-year high against the US dollar rapeseed quotations have tumbled.
Oilseeds
Apr 24, 2025
OTTAWA/ASTANA. Russia is once again banning flaxseed imports from Kazakhstan. Traders report delays in deliveries from the origin. Canadian farmers could expand their sowing this year.
Oilseeds
Apr 24, 2025
OLOMOUC. Although the official cultivation forecast is still pending, it can currently be assumed that sowing in the Czech Republic will be higher than last year. However, the low rainfall in recent months could reduce yields.
Oilseeds
Apr 23, 2025
SOFIA/BUENOS AIRES. Larger acreages and higher yields are ensuring good crop results in Argentina. In Ukraine, sowing is progressing much more slowly than last year.