SunSirs: China Domestic Rapeseed Prices have slightly Declined (January 30-February 6)
February 07 2024 14:55:41 SunSirs (Selena)
According to the monitoring of the commodity market analysis system of SunSirs, the average market price of domestic rapeseed on January 30th was 6,052 RMB/ton, and on February 6th, the average market price of domestic rapeseed was 6,020 RMB/ton, a decrease of 0.35%. This week, the domestic rapeseed market has slightly declined and adjusted. Affected by the suppression of imported rapeseed, domestic rapeseed sales have been poor; Pre holiday stocking has basically ended, and after the holiday, domestic rapeseed is in a low demand season, and prices may be lowered.
Vancouver, February 5th news: On Monday, the Intercontinental Exchange (ICE) Canadian rapeseed futures market closed higher, with the benchmark period closing up approximately 1.05%. As of the close, rapeseed futures rose between 5.60 CAD/ton and 7.70 CAD/ton, with the March futures closing up approximately 6.20 CAD/ton and closing at 598.30 CAD/ton n; The May period closed up approximately 5.60 CAD/ton and closed at 604.20 CAD/ton; The July period closed up approximately 6.30 CAD/ton.
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