Wheat: Stable Prices on EURONEXT and London Exchange

Wheat prices on EURONEXT are currently at EUR 224.25 per tonne for December 2024. In London, feed wheat is priced at around GBP 183.10 per tonne for November 2024. The converted price is approximately 0.20 EUR per kilogram. Despite global supply shortages, prices remain stable, reflecting tight stock levels.

Rapeseed: Firm Prices on EURONEXT Amid Supply Shortages

Rapeseed remains stable on EURONEXT at EUR 504.50 per tonne for November 2024. The prices benefit from lower crop yields in Europe and Canada, tightening global supplies and boosting demand for vegetable oils.

Corn: Stability Despite High Global Stocks

Corn prices on EURONEXT are at EUR 211.75 per tonne for November 2024. In Chicago, the converted price is approximately 0.20 EUR per liter. Despite high global stocks, the market remains stable, though seasonal fluctuations may continue.

Soybeans: Prices Climb on Rising Demand

Soybean prices in Chicago for November 2024 are converted to approximately 0.34 EUR per kilogram. Growing demand, particularly from China, and unfavorable weather conditions in key producing regions are driving prices higher.

Sugar: Slight Price Decline Despite Global Shortages

Sugar prices stand at 0.22 USD per pound, approximately 0.46 EUR per kilogram. Despite global production shortfalls, particularly in Brazil and India, prices have slightly declined. Further volatility is expected in the market.

Sunflower Seeds: Price Stability Following Lower Yields

The price of sunflower seeds remains at 440 USD per tonne, around 0.41 EUR per kilogram. Lower crop yields in the Black Sea region have stabilized prices, while demand for edible oils continues to be strong.

Crude Oil: Volatile Prices Amid Supply Constraints

The price of crude oil is currently 0.72 EUR per liter (approximately 88.01 USD per barrel). Global uncertainties and supply constraints are driving price fluctuations, impacting production costs across sectors.

Soybean Oil: Strong Price Increases Driven by Demand

The price of soybean oil is currently 0.99 EUR per liter. High demand, particularly from the USA and Brazil, continues to push prices upward.

Sunflower Oil: Lower Yields Drive Prices Higher

Sunflower oil is currently priced at 1.22 EUR per liter. Prices have risen due to lower harvests in key producing regions like the Black Sea.

Rapeseed Oil: Stable Prices Despite Global Tightening

The price of rapeseed oil stands at 1.06 EUR per liter. Despite slight global supply constraints, the price remains relatively stable, supported by strong demand.

Conclusion: In October 2024, commodity markets show stable to slightly rising prices, particularly for vegetable oils and crude oil, while wheat and corn remain relatively stable. Future developments depend heavily on weather conditions and global demand.





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