When does Russian rapeseed oil start to be quoted?

Russian rapeseed oil is usually quoted from July every year. This is because rapeseed is a summer crop, and summer in Russia usually begins from June to September. During this period, rapeseed plants grew rapidly and reached the harvest time. Therefore, July became the starting point of rapeseed oil quotation.

In addition, July is also a period of relatively sufficient supply of rapeseed oil market. Farmers harvest a lot of rapeseed in summer, which increases the supply, so the quotation of rapeseed oil also begins to appear accordingly.

It should be noted that the price of rapeseed oil is affected by many factors, including market demand, supply and policy changes. Therefore, in addition to the quotation in July, the price of rapeseed oil will fluctuate with the changes in the market.

Expanded content: Rapeseed oil is a common edible oil, rich in unsaturated fatty acids and vitamin E, which is beneficial to human health. Russia is one of the largest producers of rapeseed oil in the world, and its export volume is also very large. The price fluctuation of rapeseed oil is of great significance to consumers and producers. Understanding the start-up time and related factors of rapeseed oil market has certain guiding significance for decision-making and market observation.