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Ukrainian analysts say Russia's withdrawal from the grain agreement will not significantly affect rapeseed prices since most Ukrainian volumes already shipped. European rapeseed rose on November contract expiry, while palm oil weakness from Indonesian and Malaysian exports pressures vegetable oils.
Limited export disruption for rapeseed and continued palm weakness suggest canola and vegetable oil prices stay under pressure in the near term.
ukragroconsult.comOct 31, 2022Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
