11.
09.20
10:28

HANSA Terminhandel - Oilseed Mail

The German rapeseed market is very quiet these days. Both supply and demand are low. The oil mills are behaving very cautiously, which is due to good coverage until the end of the year. In the past few weeks, processors from Germany have been stocking up mainly with imported rapeseed from the Baltic States and the Ukraine. Against the background of the again below-average rapeseed harvest and the tight supply situation, the asking price of German rapeseed producers is well above the asking price of the processors. Especially since a look at the price trend in the past year reveals that there could be plenty of room for improvement in the coming weeks and months. Last year the prices rose at the end of October / beginning of November and reached almost 400 euros at the end of January. It is not surprising that the producers who speculate on a similar price trend are still largely holding back their goods.

Source
Hansa Terminhandel GmbH
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