European vegoils: brisk trade in rapeseed oil, sunflower oil
Trade in Europe's vegetable oil market was brisk in rapeseed oil and sunflower oil on Friday, with p…Trade in Europe's vegetable oil market was brisk in rapeseed oil and sunflower oil on Friday, with prices weakened by falling soybean and soyoil prices in Chicago, traders said. August/October delivery rapeseed oil traded at 645 euros a tonne fob ex-mill and November/January delivery at 653 euros a tonne, traders said.
No comparative trades were reported on Thursday. At the end of the day, November/January rapeoil was offered for sale down 1 euro at 652.00 euros a tonne fob ex-mill. Sunflower oil for January/March delivery traded at $875 and $877.50 a tonne ex-tank, and April/June changed hands at $887.50 and $885 a tonne ex-tank, with no comparative trades seen on Thursday.
October/December sunoil ended the day down $15 a tonne at $870.00 a tonne ex-tank. Crude palm oil for August delivery was quoted in Europe down $7.50 a tonne at $810 a tonne cif. Purchase interest was also seen for refined, bleached and deodorised (RBD) palm olein, with a range of trades taking place for delivery between September and January/March 2015, traders said. RBD palm olein for September delivery ended the day down $2.50 a tonne at $757.50 a tonne fob Malaysia.
