EU Rapemeal Price Rally Continues

28/03/13 -- Rapemeal prices on the continent continue their meteoric rise and are sharply higher again this morning. Apr 13 is up EUR14/tonne since Monday, with May/Jul 13 up EUR17/tonne and new crop Nov 13/Jan 14 up EUR12/tonne as the extended winter period in which we find ourselves continues.

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


Mar13
unq
n/a
Apr13
289.00
+2.00
May/Jul13
278.00
+3.00
Aug/Oct13
218.00
+2.00
Nov13/Jan14
224.00
+5.00
Feb/Apr14
224.00
+5.00
May/Jul14
222.00
+5.00