Rapeseed loses another €3/t on European stock exchange

Rapeseed prices were once again trading on a stable to bearish note this Friday at mid-session on Euronext, still weighed down by the rapid contraction in palm oil prices on the Kuala Lumpur Stock Exchange. The very sharp contraction in Indian imports of vegetable oils last month and a probable tightening of the country's import taxes on these products are indeed weighing on the sector. The soybean complex, on the other hand, is continuing its recovery in Chicago, the day after a monthly report from the USDA on global supply and demand without much surprise. The dry conditions that are disrupting soybean planting in Brazil are indeed still being monitored by operators. Oilseeds are also benefiting from a ...