SunSirs: China Domestic Rapeseed Prices Declined (April 15-19)
April 23 2024 14:58:36     SunSirs (Selena)According to the monitoring of the commodity market analysis system of SunSirs, the price of domestic rapeseed fell last week. On April 15th, the average market price of domestic rapeseed was 6,140 RMB/ton, and on April 19th, the average market price of domestic rapeseed was 6,072 RMB/ton, with a price drop of 1.11 during the period. There is not much surplus of domestically produced aged vegetable seeds, and traders are entering the clearance process. In addition, downstream demand is in the off-season, and the market is not selling well, causing traders to lower prices and sell. At present, the rise of new rapeseed is good, and new rapeseed is expected to be launched one after another around May Day. Downstream demand is in the off-season, and traders have a strong willingness to lower prices and sell. It is expected that domestic rapeseed will remain stable after a slight decline.
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