A large increase in the price of rapeseed on world markets

Rapeseed on MATIF the most expensive since March 2023 Donald Trump's victory in the presidential election resulted in a sharp strengthening of the dollar against, among others, the euro, which in turn influenced the increase in the competitiveness of exports of raw materials priced in euro. This allowed rapeseed prices to return to growth and reach the highest price since March 2023 on the Paris stock exchange. Rising vegetable oils support rapeseed prices Rapeseed prices in recent weeks have supported rising vegetable oils worldwide. After yesterday's price increases, palm oil on the Malaysian stock exchange is the most expensive since June 2022, and in less than two months it has increased in price by as much as 25%. In turn, American soybeans have increased in price by 20% during this time (the highest price since July this year). Rapeseed prices in the contract for delivery in February next year on the Paris stock exchange increased by 2.2% and amounted to EUR 523.00/t (PLN ...