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SunSirs: Rapeseed Prices Continued to Strengthen (9.16-9.20)
September 24 2019 13:57:11SunSirs(Eva)

1.Price Trend

According to the monitoring of SunSirs, the average price of domestic rapeseed at the beginning of the week was RMB 4745/ton, while the average price at the end of the week was RMB 4765/ton, up 0.42%.

2.Cause analysis

Products: The price of domestic rapeseed increased slightly. The price of domestic rapeseed in Yancheng, Jiangsu Province was about RMB 2.38/kg, that in Hubei Province was about RMB 2.4/kg, that in Anhui Province was about RMB 2.35/kg, that in rapeseed was on the strong side, and that in spring rapeseed was on the market one after another. However, the production of rapeseed in Inner Mongolia was reduced and the listing was delayed to support the Yangtze River Basin. Rapeseed market.

Rapeseed meal is up 0.28%. Double-section stocks are coming to an end, and rapeseed oil is running weakly, down 0.53%.

3.Future Market Forecast

Rapeseed analysts from SunSirs believe that domestic rapeseed prices may be strong.

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.

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