Global: Euronext rapeseed falls below €515/t

Rapeseed prices were once again undergoing a small consolidation movement this Friday at mid-session on Euronext, capped by a technical resistance formed by the peak reached last July. Palm oil also ended the week with a pullback movement on the Kuala Lumpur Stock Exchange after a bullish rally that took prices to their highest level in more than two years, driven by an intensification of global demand and a reduction in Malaysian production. The soybean complex, for its part, remains torn between increasingly dynamic American international sales, particularly to China, and the pressure of the record harvest in the United States. The recent rains in South America have also dispelled fears regarding the progress of sowing sites. Oil is also looking for a ...