Palm oil prices give after - rape prices follow The palm oil market has largely completed its seasonal produce low phase. The production decline has been less intense. The start of the current rising production phase with its peak in the Oct. 2017 develops cheap. High expectations push the palm oil prices. Low exports reinforce the trend. The approximately $50 / barrel fallen crude oil price contributes to the price pressure. That the palm oil prices currently still on intermediate move, is the comparatively low inventory stocks. That will change in the next few months but. As market leader in the sector of vegetable oils affected the palm oil price quotations for rape crucially with. Despite shortages, canola prices must adapt to. The quotes move but always at the upper limit of the competition. Market and price pressure comes from the soy page. The South American bumper crop can expect high amounts of offer in the next few weeks and months. Should have confirmed expectations of a rising US soybean area , is in average income to be expected with an once again big U.S. soybean crop in the fall 2017. Total 2017 is according to current knowledge with low oilseed prices can be expected. However should not be missed the note on the weather markets from June to mid-August. During this period, the Flächenerträge are influenced by the weather development.
