There isn’t enough rapeseed oil in Europe
Data from the Agricultural Economics Research Institute (AKI) and KSH’s market price information system (PÁIR) revealed that domestic sales of wines without geographical indication and wines with protected designation of origin decreased by 8 percent in volume, while their processing sales price increased by 2 percent in January 2017 (compared with January 2016.
Since there isn’t much rapeseed in European warehouses, the price of vegetable oils, soybean and rapeseed oil (canola) increased. In the Hungarian market rapeseed cost HUF 103,000-104,000/ton on the first week of February – this price was 12 percent lower than in the same period of 2016.
According to data from the European Commission, on the first 6 weeks of 2017 whole chicken cost EUR 175.9/100kg in the European Union, 1.6 percent less than in the same period of 2016. In Hungary the live weight production price of broiler chicken was HUF 245/kg, 3.6 percent less than on the 6th week of 2016.
Related news
There was a county where the number of advertised jobs increased by a fifth, while elsewhere the number of advertised jobs decreased by the same amount – Profession.hu quarterly report
With the exception of two counties, the number of applications…
Read more >The unexpectedly low inflation in June surprised analysts
The Hungarian inflation data published this week caused a pleasant…
Read more >KSH: industrial production fell by 5.2 percent in May
In May, the volume of industrial production fell by 5.2…
Read more >Related news
Fidelity: Three themes shaping investments in Q3
Has the post-epidemic normalization that we have been waiting for…
Read more >Large companies are resistant to economic uncertainty
Restrained expectations characterize the domestic corporate sector for the next…
Read more >Company trend in 2024: a more positive half-year, but still a negative message
The lowest number of companies in the last five years…
Read more >