22.
10.20
12:15

HANSA Terminhandel - Oilseed Mail

Little is going on on the German rapeseed market due to the poor news situation and weak demand from processors. In the national average, the price is still rounded up at 373 € / ton. The stable futures market with prices around € 390 / ton prevented a price drop on the cash market. However, sellers are hardly willing to sell goods at these prices. In addition, there are still enough imported goods from the Ukraine and the Baltic States available. Goods from Canada will enter the market in the coming months. The harvest there is almost complete. Due to the currently still mild outside temperatures, the biodiesel market has not yet provided any price-driving impulses. From the beginning of November, however, the switch to rapeseed methyl ester (RME) should take place, which could trigger bullish impulses.

Source
Hansa Terminhandel GmbH
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