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Rapeseed price increase on MATIF

Wzrost ceny rzepaku na MATIF

Rapeseed prices up

Rapeseed prices in the contract for November delivery on the Paris stock exchange rose yesterday by 2.3% and amounted to EUR 460.00/t (PLN 1,985/t) and were 0.1% higher than a year ago.

Only soya became cheaper

American soybeans fell 0.8% to $374.87/t. Year-on-year, soybeans fell 28.7%. Canadian canola rose 1.2% to $594.60/t, down 24.8% over the past year.

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Matif rapeseed, November contract – price increased by 2.28% (EUR 460.00/t – PLN 1,985/t).

The November rapeseed futures contracts quoted in Polish zloty are presented in the chart below:

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The following continuation chart of rapeseed futures listed on Matif shows a long-term downtrend, a medium-term uptrend and a short-term uptrend.

CBOT soybeans, August contract – price fell by 0.80 percent (374.87 USD/t – 1,482 PLN/t).

On the Chicago Stock Exchange, a rising trend dominates for soybeans – the long-term trend is upward, the medium-term trend is upward, and the short-term trend is downward.

Canola WCE, November contract – price increased by 1.19 percent (594.60 CAD/t – 1,709 PLN/t).

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In Winnipeg, canola is dominated by a long-term downtrend, a medium-term uptrend and a short-term uptrend.

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