05.
08.22
10:14

Bulls take over the soybean market just before the weekend

The penultimate trading day of this week for oilseeds ended with deep green signs. In Paris, rapeseed contracts made double-digit gains. The November with the highest turnover recorded an increase of 15.50 euros/ton to 648.50 euros/ton. Throughout the week, rapeseed had to cope with repeated losses. The correction was mainly due to the slight supply pressure from the current harvest. In addition, the volatile vegetable oil prices keep the price pressure on the stock market growing. In Winnipeg, the news that the canola plants are not developing as well as hoped caused prices to rise. The soy complex also gained across the board. Here, too, market participants used the weaker prices to re-enter the market. In addition, the buying mood was fueled by the news that China is again ordering soya from the USA. However, the USDA has not yet officially confirmed this. Last week's exports totaled 400,000 tons, unsurprisingly.

Rückrufservice
Please describe your request so that we can prepare for the callback.
Yes, I have read the Privacy Policy note and I consent that the data provided by me, including the contact data, for the processing of the inquiry and in case of questions are electronically collected and stored. My data will only be used strictly for my request and will not be passed without my consent. This consent can be revoked any time with effect for the future.'
CAPTCHA
This question is for testing whether or not you are a human visitor and to prevent automated spam submissions.
Help?

Do you have questions about ZMP Live? Our team will be happy to help you. Please feel free to send us a message:

Our privacy policy applies

CAPTCHA
This question is for testing whether or not you are a human visitor and to prevent automated spam submissions.

Register now

Jetzt registrieren und ZMP Live+ 14 Tage kostenlos testen!
  • Dauerhaft kostenfrei
  • Keine Zahlungsinformationen erforderlich