Euronext Rapeseed Market Update – January 9, 2025
The rapeseed market on Euronext (MATIF) remained steady on January 9, 2025, with no changes in prices across all traded contracts. Trading activity was moderate, reflecting a stable market environment.
Market Performance
| Contract | Last Price (€/t) | Change (%) | Open Interest | Bid | Ask |
|---|---|---|---|---|---|
| Feb 2025 | 533.25 | 0.00% | 33,227 | 524.00 | 534.50 |
| May 2025 | 528.50 | 0.00% | 76,529 | 529.50 | 534.00 |
| Aug 2025 | 485.00 | 0.00% | 17,728 | 483.00 | 486.00 |
| Nov 2025 | 484.75 | 0.00% | 20,087 | 465.50 | 490.00 |
Highlights
- February 2025 Contract:
- Closed at €533.25/t, with limited trading activity (3 contracts traded).
- Open Interest: 33,227 contracts, reflecting stable liquidity.
- May 2025 Contract:
- Remained unchanged at €528.50/t, with the highest open interest at 76,529 contracts, indicating strong market participation.
- August 2025 Contract:
- Closed at €485/t, with minimal trading activity (1 contract traded).
- November 2025 Contract:
- Recorded a final price of €484.75/t, with limited trading volumes.
Technical Observations
The February 2025 contract continues to trade above the critical support level of €505/t, indicating market resilience. The May 2025 contract, with its substantial liquidity, highlights strong interest in the medium-term outlook. Bid-ask spreads for near-term contracts remain narrow, suggesting a balanced market sentiment.
Conclusion
The rapeseed market on Euronext exhibited stability on January 9, 2025, with unchanged prices across all key contracts. While trading activity was moderate, the robust open interest in medium-term contracts like May 2025 underscores sustained market engagement. Participants are likely awaiting new catalysts to drive significant price movements.
