SunSirs: China Rapeseed Prices were Stable Last Week (January 9-13)
January 17 2023 09:54:46 SunSirs (Selena)
According to the monitoring of SunSirs, the average market price of domestic rapeseed was 7,176 RMB/ton on January 9 and 7,176 RMB/ton on January 13. During the period, the price was 1.76% higher, 1.64% higher than that on December 1.
The price of domestic net rapeseed in Hubei is about 3.66-3.7 RMB/500g; The price in Anhui is about 3.6 RMB/500g; About 3.7 RMB/500g in Jiangsu; The price in Sichuan is about 3.75-3.8 RMB/500g. Inner Mongolia offers about 3.30 RMB/500g. The supply of domestic rapeseed market is scarce, and the price is mainly stable. With the Spring Festival approaching, the market stock is coming to an end, and traders are taking a small amount of goods. The domestic epidemic policy was optimized, and the recovery of oil consumption was gradually restored.
The surplus of domestic rapeseed is scarce, which supports the market of domestic rapeseed. Recently, the market has a trend of strong meal and weak oil. SunSirs rapeseed analysts expect that China domestic rapeseed will 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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