SunSirs: China Rapeseed Meal Rose Last Week (April 22-26)
April 28 2024 15:47:55 SunSirs (Selena)
According to the monitoring of the commodity market analysis system of the SunSirs, the average market price of rapeseed meal on April 22 was 2,761 RMB/ton, and on April 26, the average market price of rapeseed meal was 2,815 RMB/ton, with an increase of 1.93% during the period.
Last week, the trend of rapeseed meal was relatively strong. The domestic rapeseed supply is sufficient, the operating rate of oil factories has rebounded, and the output of rapeseed meal has increased; As the weather gradually warms up and aquaculture gradually starts, the demand for rapeseed meal increases, supporting the rise of the rapeseed meal market.
In terms of soybean meal: According to the monitoring of the commodity market analysis system of SunSirs, the average market price of soybean meal on April 22 was 3,366 RMB/ton, and on April 26, the average market price of soybean meal was 3,344 RMB/ton, with a decrease of 0.65% during the period. Last week, soybean meal fluctuated and declined, and the soybean meal market was weak, limiting the upward space for rapeseed meal.
With the gradual arrival of imported rapeseed at the port, the operating rate of oil factories has rebounded, and the output of rapeseed meal has increased; Entering the peak season of demand for aquaculture in April, it is expected that rapeseed meal will experience strong fluctuations under the boost of demand, and the market will pay more attention to changes in the soybean meal market.
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