Commodity News
SunSirs: On December 13, Spot Price of Rapeseed Meal in the Chinese Market Rose Slightly
December 14 2021 08:22:45 SunSirs (Linda)
The spot price of rapeseed meal was 2856 yuan/ton on December 13, and the spot price of rapeseed meal was 2848 yuan/ton on December 10, up 0.28%.
Recently, oil prices have fallen under pressure, boosting rapeseed meal spot prices. Aquaculture is in the low season of consumption, and the demand for rapeseed meal is not good. The output of rapeseed is reduced, the cost of rapeseed is high, the profit of import squeezing continues to fall, the import volume of rapeseed in the later period is greatly reduced, and the supply of rapeseed is less. Rapeseed meal prices are expected to have limited upside.
If you have any questions, feel free to contact SunSirs with support@sunsirs.com.
Related Information
- 2024-04-19 SunSirs: Insufficient Support, China Rapeseed Meal Rose first and then Fell
- 2024-04-15 SunSirs: China Rapeseed Meal Fluctuated narrowly Last Week (April 7-12)
- 2024-04-07 SunSirs: China Rapeseed Meal Market Rebounded weakly, Falling by over 8% in the First Quarter of 2024
- 2024-03-28 SunSirs: The Price of China Rapeseed Meal has been Lowered
- 2024-03-22 SunSirs: Positive Support, China Rapeseed Meal Continues to Rise
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