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Michael

Dec 23, 2024

Rapeseed Market Records Slight Decline but Remains Stable

Rapeseed Market Records Slight Decline but Remains Stable

Rapeseed Market Records Slight Decline but Remains Stable

On Friday, December 20, 2024, the rapeseed market on the Euronext in Paris experienced a slight decline. The most actively traded February futures contract dropped by €1.25 to close at €514/t, reflecting a weekly gain of €8.25 (1.6%). This marks the sixth consecutive weekly gain for rapeseed.

Despite this minor decrease, the rapeseed market remains stable overall. Various factors, including developments in global oilseed markets and the demand for biofuels, influence prices. It is crucial to monitor market conditions closely, as they can change rapidly.
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