Stable Rapeseed Prices on Euronext
Stable Rapeseed Prices on Euronext – Market Overview as of January 7, 2025
The rapeseed market on Euronext (MATIF) remained calm on Monday, January 7, 2025, with no significant price changes across all traded contracts. The February 2025 contract, the most actively traded future, closed at €521/t, unchanged from the previous session.Market Performance and Highlights
- Short-Term Contracts:
- February 2025: Closed at €521/t, maintaining its position as the most liquid contract with an open interest of 38,751 contracts.
- May 2025: Also traded flat, closing at €517.25/t, with a notable open interest of 74,285 contracts.
- Long-Term Contracts:
- February 2027: Price held steady at €493/t, indicating moderate stability in comparison to shorter-term maturities.
- Mid-Term Contracts:
- August 2025 and November 2025 closed at €478.50/t and €477.25/t, respectively, showing no price changes.
Liquidity and Trading Volume
- The highest trading volumes were concentrated in the near-term contracts, February and May 2025, reflecting active market interest.
- Longer-term contracts, such as August 2026 and February 2027, displayed lower activity but remained stable, suggesting a cautious market stance.
Technical Analysis
A critical support level of €505/t remains significant for the February 2025 contract. Breaking below this level could trigger further downward pressure.Conclusion
The rapeseed market on Euronext displayed stable performance, with unchanged prices across all traded contracts. While short-term contracts continue to dominate in liquidity, the market remains alert to potential technical developments. The stable market conditions provide participants with an opportunity to prepare for future market movements.Click here to reach our trading platfrom CMBroker
