Rapeseed prices on Euronex declined over the week, although the balance of supply and demand is becoming more tense
Prices for rapeseed on the European exchange Euronext decreased on June 7-13.
During the week, the price decreased by 6.25 EUR to 468.25 EUR/t.
The global balance of supply and demand of rapeseed will become more tense in 2024/25 MY. It is expected that the European harvest in 2024 will decrease, and the local industry will have to increase imports to compensate for this loss.
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