Falling prices for soy oil and beans puts pressure on the prices for rapeseed of the new harvest

2017-05-29 12:07:20
Machine translation
Falling prices for soy oil and beans puts pressure on the prices for rapeseed of the new harvest

prices of oilseeds declined after oil prices, which have fallen 5% below $50/barrel, and after OPEC's decision back to the level of 52 $per barrel.

 

an Additional factor of pressure on prices have become a powerful rain, which passed over the American plains and have a positive impact on the development of soybeans and corn.

 

In Chicago soybeans fell from 349 $/t to $340/ton, and soybean oil – 717 $/t 696 to $/t

 

the Fall in us markets influenced the dynamics of prices for rapeseed on Euronex. Here August futures depreciated by € 5/t to € 355/t or 397,59 $/t

 

Global trends reflected in the purchase prices for rapeseed of the new harvest in Ukraine at the end of the week fell to 385-395 $/ton for shipments in July-August.

 

Prices for rapeseed on the domestic market cheated the equivalent 420-435 $/t at the time of payment that the current course is 11000-11440 UAH/t for deliveries in the port or at the plant.