Food Outlook No.4 - October 2002 p.23

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Table A.8 – PRICE INDICES AND SELECTED INTERNATIONAL PRICES FOR OILCROP PRODUCTS

Marketing years FAO Indices International Prices
Oilseeds Edible/Soap
Fats/Oils
Oilcakes/
Meals
Soybeans 1/ Soybean
Oil
2/
Palm Oil
3/
Soybean
Cake
4/
Rapeseed
Meal
5/
October/September (. . . . . . . . . . 1990-92=100 . . . . . . . .) (. . . . . . . . . . . . . . . . . . . U.S.$/tonne . . . . . . . . . . . . . . . . . . )
                   
1997/98   109 154 116 256 634 641 197 138
1998/99   89 125 82 209 483 514 149 104
1999/00 Oct.-Mar. 83 98 87 206 374 356 176 122
  Apr.-Sep 84 84 90 213 337 318 184 125
2000/01 Oct.-Mar. 82 76 98 206 314 254 198 146
  Apr.-Sep 82 86 94 197 356 289 178 135
2001/02 Oct.-Mar. 83 95 100 188 378 323 175 135
  Apr.-Sep 90 107 104 213 445 392 174 122
                   

Sources: FAO and Oil World.

Note: The FAO indices are calculated using the Laspeyres formula; the weights used are the average export values of each commodity for the 1990-92 period. The indices are based on the international prices of five selected seeds, ten selected oils and fats and seven selected cakes and meals.

1/ Soybeans (US, No.2 yellow, cif Rotterdam). 2/ Soybean oil (Dutch, fob ex-mill). 3/ Palm oil (Crude, cif North West Europe). 4/ Soybean cake (Pellets, 44/45%, Argentina, cif Rotterdam). 5/ Rapeseed meal (34%, Hamburg, fob ex-mill).


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