Euronex rapeseed prices rise due to euro depreciation and oil growth
Euronext rapeseed prices rose on January 3-10.
In a week, the price increased by EUR 32.25 to 542.5 EUR/t.
The fall in the Euro provided significant support to the prices and, combined with the oil prices strengthening since the end of December, allowed European oils to follow bullish trends.
More detailed information on the latest trends in oilseeds/vegoils and meals exports, supply and demand balances with breakdown by crop, price behavior, crop conditions and progress in harvesting/planting in the countries of Black Sea Region is available to subscribers for Online Analytics “Black Sea Vegoils” in the new innovative tool for agri market participants – AgriSupp by UkrAgroConsult. Subscribe to a 7-day free trial!
Start using analytical data and increase your efficiency now!
Register to get your demo access: http://agrisupp.com/en/register/1
Read also
Turkey warns Ukraine and Russia against further attacks on ships in the Black Sea
More than 20 thsd freight wagons accumulate at Ukraine’s western rail border...
World Bank forecasts 10% rise in food commodity prices in 2026 amid global risks
Wilmar’s profit falls 25% as soybean crushing margins weaken
Brazil’s wheat imports could reach 10 mln tons, a 30-year high
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon