The average spot price of rapeseed meal on January 27 was 3088 yuan/ton, and the average spot price of rapeseed meal on January 26 was 2994 yuan/ton, up 3.14.

On Wednesday, the Canadian rapeseed futures market on the Intercontinental Exchange (ICE) closed higher, following the gains in the Chicago Board of Trade (CBOT) soybean and soybean oil markets. Aquaculture is in the off-season of consumption, and the demand for rapeseed meal is not good. Rapeseed meal stocks are high, suppressing rapeseed meal prices. The demand for rapeseed meal is off-season, and it is expected that the price of rapeseed meal will be limited.

On January 27, the average domestic spot price of rapeseed oil was 12,766 yuan/ton. The supply of rapeseed in Canada is tight, and the cost support is strong, which supports the spot price of rapeseed oil. At present, the price of rapeseed oil is high, and the market demand is relatively poor compared with previous years, and the rigid demand is the main one. Supported by costs, rapeseed oil may continue to run at a high level. 

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