00:04, 12.03.2015 — Новости
автор: Reuters

Rapeoil prices rise on biodiesel demand


Mar 11 - Rapeseed oil prices rose on theEuropean vegetable oils market on Wednesday, boosted by demandfrom biodiesel producers and a further decline in the value ofthe euro.

EU rapeoil for May/July delivery changed hands at 687 and688 euros a tonne, up 13 euros from the last business on Mondaywhile August/October traded at 686 euros, up 12 euros over thesame period.

Rapeoil is the most commonly used feedstock for biodiesel inthe European Union.

CBOT soyoil prices also recovered some ground after fallingearlier in the week with May up 0.5 percent at 31.12cents a lb at 1720 GMT.

EU soyoil prices were up to 10 euros a tonne higher.

The weakness of the euro also continued to boost pricesdenominated in the European currency.

The euro extended its unrelenting fall on Wednesday,dropping 1 percent to below $1.06 for the first time in 12years.

Palm oil prices were also higher with RBD palm olein forMay/June shipment last traded at $630 a tonne, fob Malaysia, up$10 and July/Sept at $606, up $3.50.

Malaysian palm oil futures snapped a five-day losing streakon Wednesday as the ringgit slid to its weakest in six years,although gains were capped by palm's narrowing discount to rivalsoyoil. 


EUROPEAN VEG OILS TRADES CIF Rotterdam unless otherwise stated- - - - - - - - - - - - - - - - - - - - - -March 11, 2015 - 1700 GMT

RAPEOIL Dutch/EU euro tonne fob exmill

May/Jul 687/688, Aug/Oct 686, Nov/Jan 672

CRUDE PALM OIL Sumatra/Malaysia slrs option dlrs tonne

Jul/Sep 655

PALM OLEIN RBD dlrs tonne fob Malaysia

Apr 635 May/Jun 625/630 Jul/Sep 605/606 Oct/Dec 600

COCONUT OIL Phil/Indo dlrs tonne

May/Jun 1085

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