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Rapeseed Meal Prices Jun-Jul 08

(Indicative Commodity Prices in US$ PMT FOB port, India)

31st July - US$ 252-255
The prices went up slightly lifted by upward movement of sbm. The prices of rsm generally move in the direction of soybean meal.

25th July - 250-253
The prices were down as sbm dropped from its 500 level, so rapeseed meal too went southwards.

21st July - US$ 260-263
The increase in prices of soymeal created more demand for rapeseed meal which pushed it up.

16th July - US$ 250-253
The rapeseed meal right now is mirroring sbm which is moving upwards.

11th July - US$ 245-248
Tracking down the upward movement of soy meal the rapeseed meal too went northwards.

4th July - US$ 235-238
After moving in opposite direction this time rape seed meal moved up in conjunction with soymeal.

26th June - US$ 230-233
Though the prices of soymeal and mustard are high rapeseed meal showed the drop.

16th June - US$ 235-238
The prices of soymeal has lifted the prices of rapeseed meal too. In fact all the oilmeals commodity have moved upwards.

12th June - US$ 230-233
The prices of rapeseed meal mainly are reflection of soymeal's prices which have moved upwards so did RSM.

6th June
Rapeseed Meal - US$ 225-228
Though other oilmeals have shown the upward movement, rape meal stayed at the same level.

3rd June
RSM - US$ 225-228
As expected the prices jumped from its previous level as purchases were made on lower rates which once again pushed up prices higher.

For latest prices of Rapeseed Meal

 

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