Growth in oil prices on world stock exchanges

Rising vegetable oils support oil seed prices After a period of strong declines in oil seed contracts on global exchanges, which brought prices to their lowest levels in four years (with the exception of rapeseed on MATIF - the cheapest since April 30 this year), prices have been rising since mid-August. The increases are supported by the two-week increase in vegetable oil prices on global markets. Rapeseed harvest forecasts in the EU are getting lower The strongest among oil seed prices - for several months now - have been rapeseed prices on the Paris stock exchange. The improved rapeseed prices are due to the weaker production of these seeds in the European Union. In the August report, the European Commission cut its forecasts for this year's harvest for the umpteenth time in a row (details below). Rapeseed prices in the contract for delivery in November on the Paris stock exchange rose by 0.1 percent on Friday. and amounted to 470.25 euro/t (2013 PLN/t) and were 0.8 percent ...