Don't Believe The (Rapemeal) Hype

Posted by Nogger - a legend in his own mind at 12:35 | Categorized as

09/09/14 -- The rapemeal market on the Continent has changed little in the last few weeks, unlike that in the UK. Where is this perceived nearby tightness coming from, as it certainly isn't present on the Lower Rhine market, where the front-end is the discount position. Hmmm, hums theme tune from Shaft...

Here's today's Lower Rhine offers, converted into sterling equivalents:



MONTH
EUR
EUR CHG
STG
STG CHG
Sep14
197.00
unch
157.60
unch
Oct14
202.00
unch
161.60
unch
Nov14/Jan15
204.00
unch
163.20
unch
Feb/Apr15
205.00
unch
164.00
unch
May/Jul15
205.00
unch
164.00
unch
Aug/Oct15
199.00
unch
159.20
unch