Imported waste biodiesel is blamed for a significant drop in rapeseed prices in EU, where a benchmark price is often set
Rapeseed oil has become the cheapest of all the vegetable oils in the European Union, which has had an effect on Canadian canola prices. | Reuters/ Valentin Flauraud photoTag Archives rapeseed oil
Canadian canola prices follow European plunge
Rapeseed oil has become the cheapest of all the vegetable oils in the EU. "I have never seen that before," said MarketsFarm analyst Mike Jubinville. "That is very unusual, and certainly it has had an impact on European rapeseed prices."
