SunSirs: China Rapeseed Prices Remained Sable (December 9-15)
December 16 2022 13:58:54 SunSirs (Selena)
According to the monitoring of SunSirs, the average market price of domestic rapeseed was 7,172 RMB/ton on December 9, and 7,172 RMB/ton on December 15. The quotation was stable during this period, up 1.59% compared with December 1.
The price of domestic net rapeseed in Hubei is about 3.65-3.68 RMB/500g; The quotation in Anhui is about 3.6 RMB/500g; About 3.7 RMB/500g in Jiangsu; The quotation in Sichuan is about 3.8 yuan/jin. The quotation in Inner Mongolia is about 3.30 RMB/500g. The supply of domestic rapeseed market is gradually decreasing, farmers are reluctant to sell, and the quotation is firm. Recently, the domestic epidemic policy has been relaxed, the circulation of rapeseed in the production and marketing areas has improved, and the New Year's Spring Festival stock is approaching, so the market demand is good. A large number of imported rapeseed has arrived in Hong Kong, which has little impact on domestic rapeseed.
There is a small supply of rapeseed in the market, and downstream procurement is dominated by rigid demand. Rapeseed analysts of SunSirs expect China domestic rapeseed to remain stable at a high level.
If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.
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