n Farmer’s Weekly - Weak rand supports oilseeds : market analysis




The global oilseeds complex recorded lower prices during the past week than those for August, with the rand serving as a hedge for local commodities. Rapeseed oil and palm kernel oil showed increases of 1,5% and 7,6% respectively. Sunflower seed prices, both on the Rotterdam commodities market and of Black Sea origin, traded flat. On the JSE, the soya bean price was between 4% to 5% higher and sunflower seed between 7% and 8% higher than August's average.


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