# Canola and rapeseed prices continue to recover after falling 12.07.2022 - UkrAgroConsult

> Rapeseed and canola prices recovered about 5% after falling to pre-war levels. Indonesia decided to raise its biodiesel blend mandate from B30 to B35 from July 20, which is expected to increase domestic palm oil use. The euro fell to a 20-year low against the dollar, supporting European rapeseed prices.

- Date: 2022-07-12 · published 2022-07-12T12:00:00.000Z
- Category: policy · region Indonesia · magnitude medium
- Page: https://feedsoft.ai/events/12501-canola-and-rapeseed-prices-continue-to-recover-after-falling-12-07-2022
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

The Indonesian mandate tightens palm oil supply and lifts vegetable oil prices, which supports canola and rapeseed values. A weaker euro also makes European oilseeds cheaper for dollar buyers.

## Read by commodity

- SBO: bullish ▲
- CANMEAL: bullish ▲
- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2021-12-08 | [Palm oil prices are rising, while soybean oil prices are falling due to speculative market sentiment 08.12.2021 - UkrAgroConsult](https://feedsoft.ai/events/43701-palm-oil-prices-are-rising-while-soybean-oil-prices-are-falling-due-to.md) | -3.7% | +3.9% |
| PALMOIL | 2022-01-24 | [Indonesian UCO exporters to contest new export rules 24.01.2022 - UkrAgroConsult](https://feedsoft.ai/events/15851-indonesian-uco-exporters-to-contest-new-export-rules-24-01-2022-ukragroconsult.md) | +0.6% | +8.0% |
| PALMOIL | 2022-02-10 | [Indonesia expands domestic market obligations to cover all palm oil exports 10.02.2022 - UkrAgroConsult](https://feedsoft.ai/events/42801-indonesia-expands-domestic-market-obligations-to-cover-all-palm-oil-exports-10.md) | -0.2% | +19.9% |
| PALMOIL | 2023-07-15 | [Gov’t Reimposes Export Duty after CPO Prices Rebound](https://feedsoft.ai/events/15717-gov-t-reimposes-export-duty-after-cpo-prices-rebound.md) | +1.2% | -3.2% |
| PALMOIL | 2025-06-02 | [Soybean oil prices fall amid uncertainty over US biofuel market and falling oil prices, but India's tariff cuts will boost demand](https://feedsoft.ai/events/10948-soybean-oil-prices-fall-amid-uncertainty-over-us-biofuel-market-and-falling-oil.md) | +2.3% | +3.8% |
| SBO | 2022-10-26 | [Ukrainian processors lower sunflower prices and ask for an increase in the export duty 26.10.2022 - UkrAgroConsult](https://feedsoft.ai/events/39247-ukrainian-processors-lower-sunflower-prices-and-ask-for-an-increase-in-the.md) | +0.6% | -1.2% |
| SBO | 2022-02-10 | [Indonesia expands domestic market obligations to cover all palm oil exports 10.02.2022 - UkrAgroConsult](https://feedsoft.ai/events/42801-indonesia-expands-domestic-market-obligations-to-cover-all-palm-oil-exports-10.md) | +0.3% | +12.8% |
| SBO | 2021-09-02 | [Kazakhstan to introduce restrictions on the export of sunflower seed and its products 02.09.2021 - UkrAgroConsult](https://feedsoft.ai/events/45178-kazakhstan-to-introduce-restrictions-on-the-export-of-sunflower-seed-and-its.md) | -0.9% | +1.0% |

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/canola-and-rapeseed-prices-continue-to-recover-after-falling/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.