According to Chinese customs data, total rapeseed imports from January to April 2026 stood at 693,500 tonnes, a year-on-year decline of 50.04% compared to the same period last year (1.388 million tonnes).

Rapeseed is the primary raw material for rapeseed oil production; the 50.04% drop in imports has significantly tightened the domestic supply of raw materials, providing strong bullish support for rapeseed oil spot prices. In the futures market, rapeseed oil contracts on the Zhengzhou Commodity Exchange (ZCE) closed higher across the board on June 3, with the 2703 contract rising by 176 RMB/tonne in a single day; expectations of tight supply and demand are driving the upward trend in futures prices.

Rapeseed meal is a key by-product of rapeseed crushing; the sharp decline in rapeseed imports is expected to constrain domestic rapeseed meal supplies, a factor generally favorable for spot prices. While ZCE rapeseed meal contracts saw a slight short-term pullback on June 3, the long-term outlook of tight supply and demand continues to provide upward support for futures prices.

SunSirs has been continuously tracking price data for over 200 commodities for nearly 20 years, please contact support@sunsirs.com for subscription.

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SunSirs: China Commodity Data Daily Highlights (June 5, 2026)

On June 4, the Commodity Price Index (BPI) stood at 1,064 points, down 2 points from the previous day. This figure represents a 20.77% decline from the cycle's peak of 1,343 points (recorded on October 19, 2021) and a 61.21% increase from the cycle's low of 660 points (recorded on February 3, 2016).

According to SunSirs' price monitoring, 42 commodities saw price increases on June 4, 2026, with the gains concentrated in the chemical sector (25 commodities) and the energy sector (6 commodities). The top three gainers were methyl acetoacetate (4.40%), dysprosium oxide (4.26%), and dysprosium-iron alloy (4.02%). Meanwhile, 72 commodities experienced price declines, primarily within the chemical (36 commodities) and non-ferrous metal (10 commodities) sectors; commodities with drops exceeding 5% were mainly found in the chemical sector. The top three decliners were ethylene oxide (-10.53%), sodium dihydrogen phosphate (-6.50%), and sulfamic acid (-6.09%).

SunSirs has been continuously tracking price data for over 200 commodities for nearly 20 years, please contact support@sunsirs.com for subscription.