As of April 3, 2026, the rapeseed inventory of major oil factories in coastal areas was 168,000 tons, an increase of 71,000 tons from last week.

Rapeseed inventory increased by 71,000 tons to 168,000 tons, indicating sufficient supply of raw materials, which may reduce the production cost of rapeseed oil and increase supply, putting downward pressure on spot prices. Based on futures data, the main contract for rapeseed oil (such as 2605) settled at 9,588 RMB/ton on April 8, 2026, a decrease of 194 points from the previous day, with reduced holdings reflecting market concerns about oversupply and bearish futures prices.

The significant increase in rapeseed inventory indicates a possible increase in rapeseed meal production, which increases the risk of oversupply and has a negative impact on spot prices. Futures data shows that the main contract for rapeseed meal (such as 2609) settled at 2,333 RMB/ton on April 8, 2026. Although there was a slight increase, the overall change in holdings indicates cautious market sentiment, and the increase in inventory may suppress the upward potential of future futures prices.

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