Ukraine rapeseed prices up $2-4 so far this week - analyst

KYIV, Aug 5 (Reuters) - Ukrainian rapeseed export prices have risen $2-$4 per tonne so far this week supported by an increase in palm oil and soy bean oil, analyst APK-Inform said on Wednesday.

The consultancy said rapeseed asking prices were at $426-430 per tonne CPT Black Sea as of Aug. 5.

Ukrainian grain traders union UGA said this week it revised down its forecast for Ukraine's 2020/21 rapeseed harvest to 2.93 million tonnes from the previous outlook of 3.33 million.

UGA said it had also reduced its estimate for Ukraine's 2020/21 rapeseed exports to 2.65 million tonnes from 3 million.

Ukraine harvested 3.3 million tonnes of rapeseed in 2019. (Reporting by Pavel Polityuk. Editing by Jane Merriman)

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