France: The price of rape on Matif has returned to above 600 EUR/t
Canola Seed & Rapeseed
France
Published Sep 28, 2022
Tridge summary
Yesterday's quotations of oil futures on the global stock exchanges ended mostly with an increase in prices. Rapeseed on Matif has increased by 2.4 percent.
Original content
In recent days, changes in the price of rapeseed on the Paris stock exchange have been moving to the rhythm of oil quotations on world markets. On Monday there was a 3% drop, yesterday almost recouping losses (after approx. 2.5% increase in oil prices). The situation of Canadian rape prices is different, as it has been gaining in value for several days and its price has been the highest in almost a month (see chart below). The reason for the increase in quotations is lower than expected yield and, at the same time, delayed harvest. Rape prices in the contract with delivery in November on the Paris stock exchange rose by 2.4% yesterday. and amounted to EUR 602.75 / t (PLN 2,870 / t) and were 3.6 percent. lower than last year. Canadian canola went up 0.4 percent on the Winnipeg stock exchange yesterday. to CAD 829.10 / t, and over the past year the price has dropped 6.2%. American soybeans fell by 0.2 percent yesterday. up to 517.34 USD / t. Over the past twelve months, the price of ...
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