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Michael

Jan 9, 2025

Rapeseed Market Update ā€“ Euronext Prices as of January 8, 2025

Rapeseed Market Update ā€“ Euronext Prices as of January 8, 2025

Rapeseed Market Update ā€“ Euronext Prices as of January 8, 2025

The rapeseed market on Euronext (MATIF) remained stable on January 8, 2025, with no notable price movements across the key contracts. Trading activity was moderate, reflecting a quiet market environment.




Market Performance




Highlights

  1. February 2025 Contract:
    • Remained unchanged at ā‚¬529/t, with an open interest of 35,266 contracts.
    • Limited trading activity, with just 1 contract traded during the day.
  2. May 2025 Contract:
    • Stable at ā‚¬525/t, maintaining the highest liquidity with an open interest of 75,214 contracts.
  3. Long-Term Contracts:
    • The February 2026 contract closed at ā‚¬479.50/t, with no recorded trading activity during the day.





Technical Observations

The market appears to be consolidating near recent price levels. The February 2025 contract remains above a critical support level of ā‚¬505/t, indicating that market sentiment is cautiously optimistic. The May 2025 contract continues to dominate in liquidity, signalling strong interest in the medium-term outlook.




Conclusion

The rapeseed market on Euronext exhibited a stable performance on January 8, 2025, with no significant price movements. Short-term contracts such as February and May 2025 maintain higher liquidity, while longer-term contracts show limited activity. Market participants are likely awaiting fresh developments or external triggers to influence price movements.
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