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UFOP - Union zur Förderung von Oel- und Proteinpflanzen e.V. Claire-Waldoff-Str. 7 10117 Berlin, Germany http://www.ufop.de
Contact Mr Stephan Arens +49 30 31904434
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UFOP - Union zur Förderung von Oel- und Proteinpflanzen e.V.

Rapeseed oil prices shooting upwards

(PresseBox) (Berlin, )
Wholesale prices for rapeseed oil and palm oil have been moving in opposite directions for 7 months.

The price difference between rapeseed oil fob Germany and palm oil cif Rotterdam rose from 87 EUR/t to more than 300 EUR/t between April and the end of October. Agrarmarkt Informations-Gesellschaft mbH (AMI) last noted such an unusually large gap in December 2012. The main reason for this uneven price development lies in differing supply-side trends: rapeseed oil is in demand and is scarce due to low harvest levels; palm oil supply, on the other hand, is plentiful.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.