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SunSirs: China's Rapeseed Market was Weak on December 6
December 07 2021 08:14:21SunSirs(Linda)

On December 6, the average domestic rapeseed market price was 6,310 yuan/ton, and the quotation was 0.94% lower than last week. The price of domestic rapeseed is weak, the market is slow, and the price is falling steadily. Imported rapeseed: foreign media news on December 5: Last Friday, Statistics Canada (Statscan) released a report, lowering the country's rapeseed production forecast to the lowest level in 14 years. Statistics Canada predicts that the rapeseed production in 2021/22 will be 12.6 million tons, slightly lower than the 12.8 million tons estimated in September. Before the report was issued, analysts had expected an average output of 12.8 million tons.

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