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Euronext rapeseed falls back to €490/t

Published Mar 24, 2025

Tridge summary

Rapeseed prices on Euronext are experiencing a decline due to a strong eurodollar exchange rate and a drop in canola prices in Winnipeg. The decline is also attributed to the trade war led by the US, particularly the high tensions between China and the US which are impacting the soybean complex in Chicago. Additionally, the abundant and competitive Brazilian harvest is further driving down the market. Palm oil also saw a sharp decline on the Malaysian Stock Exchange due to disappointing export data in the first twenty days of March.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Rapeseed prices were rapidly falling again this Monday at mid-session on Euronext, after experiencing a sharp rebound last week. The trend is once again weighed down by the firm eurodollar exchange rate and the decline in canola prices in Winnipeg. Donald Trump has certainly hinted at easing his tariff plans, but the US-led trade war remains a major concern for all operators. Sino-US trade tensions remain high and continue to weigh heavily on the soybean complex in Chicago, within a market already driven down by the abundant and competitive Brazilian harvest. Palm oil also began the week with a sharp decline this morning on the Malaysian Stock Exchange, ...
Source: TerreNet

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