Oilseed news, 29.05.2020

The rape prices turned vigorously into the red area yesterday. Weaker vegetable oil prices are primarily responsible for this, but new political tensions between Canada and China are also weighing on Canola and are also dragging down rapeseed prices in Germany. Palm oil went trading yesterday at the Kula Lumpur Stock Exchange with losses. In the first place, profit-taking is given as the...

Expert Opinion: 

The weather burdens stocks and drives prices up. However, the global market for vegetable oils competing for rapeseed and the still existing uncertainties regarding the further economic development at Corona times continue to burden the market.