Increase in oilseed prices on global stock exchanges

Published 2022년 12월 14일

Tridge summary

The global rise in crude oil prices has led to an increase in the prices of oilseeds and oilseeds products such as rapeseed, canola, and soybeans. The easing of Covid restrictions in China has improved market sentiment. Rapeseed prices on the Paris Stock Exchange rose 1.4 percent, canola on the Winnipeg Stock Exchange increased by 0.4 percent, and US soybeans rose 1.3 percent. The long-term trend for these commodities is generally up, with some short-term downtrends.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The price of crude oil on the global markets, which has been rising since the beginning of the week, translated into an increase in the prices of oilseeds and oilseeds. The easing of Covid restrictions in China improves sentiment in the markets, e.g. resources and stocks. Rapeseed for February delivery on the Paris Stock Exchange rose 1.4 percent yesterday. and amounted to EUR 563.25/t (PLN 2,644/t) and were 21.0 percent lower than the year before. Canada's canola gained 0.4 percent on the Winnipeg Stock Exchange yesterday. and cost CAD 876.30/t, and over the last year the price fell by 12.9 percent. US soybeans rose 1.3 percent yesterday. to USD 543.71/t. Over the last twelve months, the price of soybeans has increased by 19.0 percent. Matif rape, February contract - the price increased by 1.44 percent. (EUR 563.25/t - PLN 2,644/t). Prices of February rapeseed futures expressed in PLN are presented in the chart below: In the following continuation chart of Matif rapeseed ...

Source: Farmer.pl