Euronext rapeseed prices rose amid euro depreciation
Euronext rapeseed prices rose on March 15 – 21.
The price rose by EUR 25.5 to EUR 494.0 per tonne during the week.
The depreciation of the euro was a strong support for prices; the expected increase in export duties on palm oil in Indonesia and Malaysia automatically reduces the competitiveness of this product in the European market, benefiting local rapeseed oil prices.
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