Global: Euronext rapeseed recovers above €515/t

Rapeseed prices were back on the rise this Wednesday at mid-session on Euronext, after three sessions of clear consolidation. The trend is based in particular on a drop in the eurodollar parity, back to its lowest level in more than four months, in reaction to the election of Donald Trump as President of the United States. However, the market is also digesting the increased risk of a return to the Sino-American trade war in the coming months. Also penalized by the jump in the dollar index, crude and soybean complex prices are also suffering significant losses. Palm oil, on the other hand, resumed its upward movement on the Malaysian Stock Exchange to return to its June 2022 peaks. The sharp contraction in Malaysian stocks last month, according to analysts, ...