AIRLINK 62.40 Decreased By ▼ -0.08 (-0.13%)
BOP 5.34 Decreased By ▼ -0.02 (-0.37%)
CNERGY 4.49 Decreased By ▼ -0.09 (-1.97%)
DFML 15.40 Decreased By ▼ -0.10 (-0.65%)
DGKC 65.28 Decreased By ▼ -1.12 (-1.69%)
FCCL 17.26 Decreased By ▼ -0.33 (-1.88%)
FFBL 27.65 Decreased By ▼ -0.05 (-0.18%)
FFL 9.31 Increased By ▲ 0.04 (0.43%)
GGL 9.99 Decreased By ▼ -0.07 (-0.7%)
HBL 105.00 Decreased By ▼ -0.70 (-0.66%)
HUBC 121.25 Decreased By ▼ -1.05 (-0.86%)
HUMNL 6.50 Decreased By ▼ -0.10 (-1.52%)
KEL 4.45 Decreased By ▼ -0.05 (-1.11%)
KOSM 4.49 Increased By ▲ 0.01 (0.22%)
MLCF 35.60 Decreased By ▼ -0.60 (-1.66%)
OGDC 122.40 Decreased By ▼ -0.52 (-0.42%)
PAEL 22.72 Decreased By ▼ -0.28 (-1.22%)
PIAA 31.54 Increased By ▲ 2.20 (7.5%)
PIBTL 5.78 Decreased By ▼ -0.02 (-0.34%)
PPL 107.00 Decreased By ▼ -0.50 (-0.47%)
PRL 27.17 Decreased By ▼ -0.08 (-0.29%)
PTC 18.58 Increased By ▲ 0.51 (2.82%)
SEARL 52.40 Decreased By ▼ -0.60 (-1.13%)
SNGP 62.68 Decreased By ▼ -0.53 (-0.84%)
SSGC 10.59 Decreased By ▼ -0.21 (-1.94%)
TELE 9.11 Decreased By ▼ -0.09 (-0.98%)
TPLP 11.40 Decreased By ▼ -0.04 (-0.35%)
TRG 70.00 Decreased By ▼ -0.86 (-1.21%)
UNITY 23.55 Decreased By ▼ -0.07 (-0.3%)
WTL 1.28 No Change ▼ 0.00 (0%)
BR100 6,926 Decreased By -17.6 (-0.25%)
BR30 22,666 Decreased By -161.2 (-0.71%)
KSE100 66,952 Decreased By -190 (-0.28%)
KSE30 22,052 Decreased By -38 (-0.17%)

PARIS: Strategie Grains maintained its outlook for higher rapeseed production in the European Union this year but warned that overall supply could remain tight.

In a monthly oilseed report, the consultancy kept its forecast for this year’s European Union rapeseed harvest almost unchanged at 17.03 million tonnes, 2.5% above estimated 2020 output of 16.61 million.

European farmers are in the middle of rapeseed harvesting, with output of the region’s main oilseed crop - used for making edible oil, biodiesel fuel and livestock feed - widely expected to surpass last year, though heavy rain in early summer has raised concerns over crop damage. Despite the forecast production increase, EU rapeseed stocks by the end of the 2021/22 season are now expected to decline further from an already low level in 2020/21, Strategie Grains said.

Comments

Comments are closed.