Rapeseed continues to decline on the European market


Paris (awp / afp) – Rapeseed prices were down Wednesday afternoon on the European market, continuing the decline that began in recent days, in the wake of canola, the transgenic Canadian rapeseed.

Observers underlined the high volatility of the market, illustrated by significant variations during the session.

Oilseeds fell slightly in the European market in the wake of Canadian canola: a downturn that may only be temporary, as oil continued to advance in the green and soybean and palm oil prices declined. rising.

Rapeseed, like other oilseeds, is widely valued as an agrofuel.

Around 2:30 p.m. (1:30 p.m. GMT) on Euronext, a tonne of rapeseed lost 2.25 euros to 792.75 euros per tonne on the February deadline, and 3.75 euros to 739.25 euros per tonne on that of May, for around 7,000 lots exchanged.

afp / al



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