According to the monitoring of the Commodity Market Analysis System of SunSirs, the average market price of domestic rapeseed on October 1st was 6,588 RMB/ton. On October 31st, the average market price of domestic rapeseed was 6,508 RMB/ton, with a decrease of 1.21% during the period. Domestic rapeseed prices were slightly weaker in October. In order to facilitate transaction, market prices have declined. The downstream market is mainly focused on hard demand procurement, with average market demand. Spring rapeseed is available in large quantities. The market trend of rapeseed meal and oil in October was not good, suppressing the rapeseed market. Traders often hold a wait-and-see attitude and have a strong willingness to stand up for prices. It is expected that domestic rapeseed will remain stable.

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