# Quotations for rapeseed and canola fell by 8% and 4.8% since the beginning of the week 22.06.2022 - UkrAgroConsult

> Rapeseed and canola prices fell about 8% and 4.8% respectively in the week to June 22 after a sharp drop in oil prices pulled down palm oil. Paris August rapeseed fell to €719.75 per tonne and November canola to C$954 per tonne, with EU rapeseed imports down 15% year on year.

- Date: 2022-06-22 · published 2022-06-22T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/41047-quotations-for-rapeseed-and-canola-fell-by-8-and-4-8-since-the-beginning-of-the
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Lower crude and palm oil prices transmit to biofuel-linked oilseeds, cutting values for rapeseed and canola meal. Weaker EU import demand adds to pressure on oilseed meal prices.

## Read by commodity

- WTI: bearish ▼
- CANMEAL: bearish ▼
- PALMOIL: bearish ▼

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/quotations-for-rapeseed-and-canola-fell-by-8-and-4-8-since-the-beginning-of-the-week/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.