Soaring oil price pushes up OSR

October 2007
Farmers Weekly;10/26/2007, Vol. 147 Issue 17, p16
Trade Publication
The article reports that the price of oilseed rape in Great Britain has increased due to the continuous rising of oil prices. The cost of crude oil increased again due to the conflict on the Iraq and Turkey border. London Brent Crude oil reached $83.5/barrel on Wednesday, increasing the demand for biodiesel and in turn pushing prices up in the vegetable oil market. Ex-farm rapeseed prices reached £245/t for November 2007.


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