Search
  • scorpiusuk

Rapeseed Prices

Crude rapeseed oil prices have risen sharply over the past

week following strong gains in other major vegetable

oil markets and strong demand from both the food and

biodiesel sectors. Support in the biodiesel market is

supported by gains in the crude (mineral) oil market as well

as the necessity to use more liquid oils in the winter months.

Rapeseed oil is also finding more buying interest as it has

gone from being one of the most expensive vegetable oils

to one of the cheapest due to significant gains in the

sunflower oil market as well as recent strength in soyoil,

despite supportive fundamentals with poor production,

very tight stocks which will require record imports for the

coming months. There is more encouraging news in terms

of more optimistic rapeseed production prospects later this

year, which are helped by higher prices and assuming no

weather-related problems this year.

1 view0 comments

Recent Posts

See All

Veg oil Prices still high

European and UK soybean oil prices moved sharply higher over the past week on continued concerns over the tight supply and strong demand in the EU. There is talk of increased usage in biodiesel as soy

veg oils prices levelling off

European and UK soybean oil prices have firmed slightly over the past week with futures relatively range bound after choppy trading with the market struggling between continued Chinese demand and gene

No let up on the rapeseed oil market

Refined rapeseed oil prices have continued to rise over the over the past week with continued support still coming from strong demand from both the food and biodiesel and this is despite a technical c

  • Facebook
  • Twitter

©2020 by preston oils. Proudly created with Wix.com