EU Rapemeal Prices

Posted by Nogger - a legend in his own mind at 10:55 | Categorized as

23/10/13 -- Rapemeal prices on the continent are mostly a tad lower. Despite recent talk of an EU climb-down, Reuters are now reporting that the EU has agreed to slap a huge import duty on biodiesel imports from Argentina and Indonesia who account for 90% of EU biodiesel imports (full story here). That should mean that Europe would produce more rapemeal.

Latest guide prices for EU rapemeal today, basis FOB Lower Rhine in euros/metric tonne, with change from previous trading session:

Nov13
235.00
unch
Dec13/Jan14
234.00
-1.00
Feb/Apr14
233.00
-1.00
May/Jul14
222.00
-1.00
Aug/Oct14
212.00
-1.00
Nov/Jan14
215.00
-1.00