On April 22, the average price of rapeseed meal in east China is 2316 yuan/ton, and the price is 0.58% higher than the previous day.

On April 22, Hunan area, bulk granular vegetable meal, Yueyang was 2370 yuan/ton, and the price is 10 yuan/ton higher than the previous day. Qingdao area, bulk granular meal, Qingdao was 2300 yuan/ton, and the price is 20 yuan/ton higher than the previous day. Tianjin area, Canada bulk granular vegetable meal, Tianjin was 2370 yuan/ton, and the price is 20 yuan/ton higher than the previous day. Jiangsu region, Dubai bulk meal, Nantong was 2330 yuan/ton, and the price is 20 yuan/ton higher than the previous day. Zhonggu bilu was 2370 yuan/ton, and the price is 20 yuan/ton higher than the previous day. Bulk granular vegetable meal, nantong was 2300 yuan/ton, and the price is 20 yuan/ton higher than last day.

Domestic rapeseed supply is not much, the price has an upward trend. Meal inventory is low, and market supply is tight. Aquaculture gradually into the consumer season, supporting the price of meal.  At present, the amount of soybean to Hong Kong increased, soybean meal market is weak, dragging the price of vegetable meal. The price of crude oil fell, depressing market confidence.

Market Forecast: SunSirs rapeseed meal analysts expect that meal will be more volatile trend.

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