According to EU data, the import volume of rapeseed in the EU has decreased by 41% year-on-year since 2025/26, with a significant decrease in the share of imports from Australia and Ukraine. As of December 21, 2025, Ukraine has become the top supplier of rapeseed to the European Union, with a quantity of 1.053 million tons, up from 1.041 million tons a week ago, a year-on-year decrease of 46.3%, and its share has dropped from 66.9% to 61.4%.

The import volume of rapeseed in the European Union decreased by 41% year-on-year, with the main supplier Ukraine's import volume decreasing by 46.3%, leading to a tight supply of raw materials. As a rapeseed pressing product, the production cost of rapeseed oil spot may increase, and the expected decrease in supply will push up the price. This news is a strong positive for the spot market, as the significant decrease in imports may raise concerns about supply shortages in the market.

The import of EU rapeseed has significantly decreased, and the supply of raw materials has become tight. As a by-product of pressing, rapeseed meal may be limited in spot supply, which is favorable for prices. Based on futures data, the main contract for rapeseed meal (such as 2605) recently closed at 2,391 RMB/ton, up 53.00 RMB/ton, indicating an increase in holdings and a strengthening of bullish sentiment. This news may strengthen the upward trend of futures, as the expectation of reduced supply is consistent with the current market trend, constituting a strong positive factor.

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