European rapeseed rebounds timidly above €510/t

Rapeseed prices were regaining some firmness on Monday at mid-session on Euronext, after suffering heavy losses at the end of last week. Technical considerations and a recovery in palm oil on the Malaysian Stock Exchange are giving support to the trend, despite a slowdown in national exports since the beginning of November. The economic slowdown in China also remains a focus of concern for the entire sector. Canola prices are also rebounding on the Winnipeg Stock Exchange, despite sluggish domestic demand and the arrival of a competitive and abundant Australian harvest on the international scene. The soybean complex remains hesitant in Chicago, after falling to its lowest level in three months last week. The uncertainties linked to the election of Donald Trump and ...