Loading…
Rapeseed futures in Paris fell 1.7% to around E684.50 per tonne, lagging a bounce in other oilseeds. Palm oil rallied after a steep weekly slump linked to Indonesia lifting its export ban, while Malaysian output and shipments both showed seasonal weakness.
European rapeseed is underperforming because of crop hopes and weaker biodiesel demand, which limits support for rapeseed meal. Palm oil's sharp June decline signals weaker vegetable oil prices for feed buyers.
grainpricenews.comMike VerdinJun 27, 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.
