SunSirs: In December, China Domestic Rapeseed was Operated strongly
December 29 2022 14:32:08 SunSirs (Selena)
According to the monitoring of SunSirs, the average market price of domestic rapeseed was 7,060 RMB/ton on December 1, and 7,184 RMB/ton on December 27. The quotation during this period rose 1.76%, 2.16% higher than that on November 1.
The price of domestic net rapeseed in Hubei is about 3.65-3.68 RMB/500g; The quotation in Anhui is about 3.58-3.6 RMB/500g; About 3.7 RMB/500g in Jiangsu; The quotation in Sichuan is about 3.8 RMB/500g. 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 mainly firm, while the quotation of some traders rises slightly. The domestic epidemic policy was relaxed, the circulation of rapeseed in the production and marketing areas was improved, and the stock preparation for New Year's Day and Spring Festival was approaching, so the market demand was good. A large number of imported rapeseed have arrived in Hong Kong, which has little impact on domestic rapeseed.
The surplus of domestic rapeseed is scarce, supporting the domestic rapeseed market. SunSirs's rapeseed analysts expect 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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