EU Rapemeal Prices

Posted by Nogger - a legend in his own mind at 12:04 | Categorized as

24/04/13 -- Rapemeal prices on the continent remain steady nearby, supported by tight availability, but the further forward positions are finally showing signs of cracking. Hopes that the worst is over for new crop potential and an improvement in prospects for US soybean production in 2013 leave few wanting to commit to forward purchases at these levels.

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


Apr13
Unq
n/a
May13
317.00
+1.00
Jun/Jul13
311.00
-2.00
Aug/Oct13
234.00
-1.00
Nov13/Jan14
233.00
-2.00
Feb/Apr14
233.00
-2.00
May/Jul14
231.00
-2.00