Loading…
Rapeseed prices rose to 376.00 EUR per tonne on January 25, 2019. The report says canola shipments were not being unloaded in China, while palm and soybean oil prices increased.
Stalled canola cargoes in China tighten export outlets for Canadian canola, while firmer vegetable oil prices support rapeseed values; both point to higher oilseed meal and oil costs for feed buyers.
zmp.deJan 25, 2019Not enough comparable past events yet for a historical read.
After 133 past bullish trade events, Palm Oil moved a median +0.7% over 5 sessions (64% higher; middle half -0.8% to +2.3%), and +1.7% over 20.
After 224 past bullish trade events, Soybean Oil moved a median +0.4% over 5 sessions (54% higher; middle half -1.5% to +2.1%), and -0.5% over 20.
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.
