Yesterday’s oil prices on global markets ended with a predominance of price increases. The price of rapeseed on MATIF increased by 0.1%.
The price of rapeseed on MATIF increased slightly
The price of rapeseed in the contract for delivery in May on the Paris Stock Exchange increased by 0.1%. and amounted to EUR 422.50/t (PLN 1,821/t) and were 20.4 percent lower than this time last year.
Canadian canola gained the most
Canadian canola prices increased by 1.7%. and amounted to CAD 588.80/t, and over the last year they decreased by 29.1%. American soybeans fell by 0.04%. and cost USD 418.96/t. On a y/y basis, the price of soybeans decreased by 25.2%.
MATIF rapeseed, May contract – price increased by 0.06%. (EUR 422.50/t – PLN 1,821/t).
Quotations of May rapeseed futures contracts expressed in PLN are presented in the chart below:
In the continuation chart below of rapeseed contracts listed on MATIF, the long-term downtrend dominates, the medium-term trend is downward and the short-term trend is sideways.
CBOT soybeans, March contract – price decreased by 0.04%. ($418.96/t – PLN 1,660/t).
On the Chicago stock exchange, the soybean market is dominated by an upward trend – long-term, medium-term is down, short-term is down.
Canola WCE, March contract – price increased by 1.71%. (CAD 588.80/t – PLN 1,718/t).
In Winnipeg, canola is dominated by a long-term downward trend, a medium-term downward trend, and a short-term downward trend.
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