Another drop in oilseed prices on global stock exchanges
Canola Seed & Rapeseed
France
United States
Canada
Published Mar 24, 2023
Original content
The drop in rapeseed prices is almost unthinkable The extension of the humanitarian corridors for the export of agricultural products from Ukraine by sea at the end of last week still has a negative impact on the quotations of e.g. oily. Added to this are interest rate hikes in the US and the euro zone. In general, the sentiment on the financial markets (including raw materials) is not the best, which translates into strong drops in oilseed prices on global stock exchanges, which in the case of rapeseed on the Paris stock exchange are downright tragic, but in the medium term, in my opinion, rather unjustified. The curiosity is the fact that American soybean listed on CBOT is more expensive than rape listed on Matif by almost PLN 300/t, while in recent years rapeseed was more expensive by several hundred PLN than soybean - and even by PLN 2,000. PLN/t The price of rapeseed in a contract for delivery in May on the Paris Stock Exchange fell by 2.4 percent yesterday. and amounted to ...
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