1.Price Trend

　　According to the monitoring of SunSirs, the average price of rapeseed meal at the beginning of the week was RMB 2433/ton, while the average price of rapeseed meal at the end of the week was RMB 2420/ton, down 0.55%.

　　2.Cause analysis

　　Rapeseed meal prices fell this week. The price of rapeseed meal in Jiangsu province is RMB 2420-2460/ton. The market demand of rapeseed meal is light because of the influence of the price of dumplings. Influenced by the tension between China and Canada, the rapeseed meal is supported by the bottom, the market demand of rapeseed meal is not good, and the start-up rate of oil plants is declining.

　　As for domestic rapeseed, the price of domestic rapeseed in Yancheng, Jiangsu province is about 2.34 yuan/kg, that in Hubei province is about RMB 2.36/kg, and that in Anhui province is about RMB 2.35/kg. Most traders raised the price of rapeseed slightly this week. As for rapeseed import, Canada's rapeseed import volume is limited and rapeseed import is relatively tight due to the influence of Sino-Canadian relations.

　　3.Future Market Forecast

　　Market demand is light, SunSirs rapeseed meal analysts predict that the short-term rapeseed meal will be mainly weak oscillation operation.