According to monitoring data from SunSirs, the average price of rapeseed oil spot market on January 19th was 9,906 RMB/ton, and on January 26th it was 10,088 RMB/ton, an increase of 1.84%.

The recent increase in rapeseed oil prices is mainly due to the following factors:

1. Trade policy disturbance: Trump threatens to impose tariffs on Canadian goods, causing concerns in the market that Canadian rapeseed exports to China may be hindered and tightening supply expectations.

2. Domestic spot market is tight: Australian imported rapeseed has not entered the pressing stage, resulting in stagnant oil factory output. Coupled with spot inventory depletion and pre holiday stocking, the tight supply pattern supports prices.

3. Positive news for related markets: The United States has imposed a new round of sanctions on Iranian energy related entities, driving up international oil prices. Positive expectations for biofuel policies: The market is optimistic about the upcoming biofuel regulations in the United States, which are expected to increase the demand for raw materials for biodiesel production. Coupled with the linked rise of palm oil and soybean oil, rapeseed oil is expected to strengthen.

4. Fund push: Strong bullish sentiment, capital influx amplifies price increases.

Short term rapeseed oil prices may remain strong and volatile due to tight supply and pre holiday stocking support, but caution should be exercised against policy and related market risks.

If you have any enquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com.