North America Rapeseed Oil Prices Movement Q3:
Rapeseed Oil Prices in United States:
Product | Category | Price |
Rapeseed Oil | Agricultural Feedstock | 1160 USD/MT |
In September 2024, rapeseed oil prices in the United States peaked at 1160 USD/MT during Q3. In Q3 2024, both North American and European markets faced significant challenges that influenced price trends. North America saw a moderate increase in prices, while Europe experienced a sharper rise. These fluctuations were largely driven by transportation delays, rising utility costs, and persistent inventory shortages that disrupted supply chains. While steady local production in North America helped stabilize prices to some extent, Europe’s heavier reliance on imports exacerbated price volatility. As a result, the market experienced a complex dynamic, highlighting regional differences and the broader impact of global economic factors.
APAC Rapeseed Oil Prices Movement Q3:
Rapeseed Oil Prices in India:
Product | Category | Price |
Rapeseed Oil | Agricultural Feedstock | 1655 USD/MT |
In September 2024, rapeseed oil prices in India stabilized at 1655 USD/MT, marking the trend for Q3. In Q3 2024, the Asia Pacific region saw substantial price increases, driven by a combination of economic challenges and operational hurdles. The depreciation of the local currency led to higher import tariffs, raising raw material costs and affecting industry dynamics. At the same time, supply shortages and strong demand from key sectors further fueled price pressures. The situation was worsened by aggressive stockpiling as businesses struggled to meet demand. Rising freight costs, delays in processing, and increased energy prices put additional strain on production, amplifying the price surge. These factors contributed to a volatile market with upward price trends.
Europe Rapeseed Oil Price Movement:
Product | Category | Price |
Rapeseed Oil | Agricultural Feedstock | 1000 USD/MT |
In September 2024, rapeseed oil prices in Germany reached 1000 USD/MT, marking the trend for Q3. In Q3 2024, the regional market experienced notable fluctuations, starting with a price surge in July fueled by strong export demand and heightened purchasing activity, particularly in Germany. However, the price increase was short-lived as unfavorable seasonal conditions impacted winter rapeseed crops in major producing regions, including Germany, Poland, and Ukraine. The reduced crop yields initially pushed prices higher, but by early August, the market began to decline sharply, continuing through the end of the quarter. This was due to the combined effects of limited crop production and fluctuating demand, creating a volatile market environment.
How IMARC Pricing Database Can Help
The latest IMARC Group study, “Rapeseed Oil Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data 2024 Edition,” presents a detailed analysis of Rapeseed Oil price trend, offering key insights into global Rapeseed Oil market dynamics. This report includes comprehensive price charts, which trace historical data and highlights major shifts in the market.
The analysis delves into the factors driving these trends, including raw material costs, production fluctuations, and geopolitical influences. Moreover, the report examines Rapeseed Oil demand, illustrating how consumer behavior and industrial needs affect overall market dynamics. By exploring the intricate relationship between supply and demand, the prices report uncovers critical factors influencing current and future prices.
Request to Get the Sample Report: https://www.imarcgroup.com/rapeseed-oil-pricing-report/requestsample
Key Features:
Key Attributes | Details |
Product Name | Rapeseed Oil |
Report Features | Exploration of Historical Trends and Market Outlook, Industry Demand, Industry Supply, Gap Analysis, Challenges, Rapeseed Oil Price Analysis, and Segment-Wise Assessment. |
Currency/Units | US$ (Data can also be provided in local currency) or Metric Tons |
Information Covered for Key Suppliers | · Company Overview
· Business Description · Recent Trends and Developments |
Customization Scope | The report can be customized as per the requirements of the customer |
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