According to the monitoring of the commodity market analysis system of SunSirs, the average market price of rapeseed meal on December 22 was 2,450 RMB/ton, and on December 26, the average market price of rapeseed meal was 2,488 RMB/ton, an increase of 1.56%.
Last week, the spot price of rapeseed meal rose slightly, mainly. The futures market is relatively strong, driving the spot market. On Friday, December 26th, the main force of rapeseed meal futures, RM2605, rose 2.49%, opening at 2,356 RMB/ton and closing at 2,391 RMB/ton, up 58 RMB/ton, with a high of 2,404 RMB/ton and a low of 2,356 RMB/ton. The supply of rapeseed meal is still tight, and the oil factory is currently in a shutdown state; The demand side aquatic products are in the off-season. As the rapeseed gradually arrives at the port and enters the pressing process in the later stage, the tight supply is expected to ease. The inventory of rapeseed meal is at a low level to support the spot market, and it is expected that rapeseed meal will mainly experience fluctuations and adjustments.
If you have any enquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com.