SunSirs: Pre Holiday Weakness of Rapeseed Meal, Short-term Pressure
February 05 2026 09:14:52 SunSirs (Selena)
Recently, the overall market for rapeseed meal has shown a trend of "weakening before the holiday and short-term pressure". According to the monitoring of the commodity market analysis system of SunSirs, the average market price of rapeseed meal on January 30th was 2,600 RMB/ton, and on February 4th, the average market price of rapeseed meal was 2,570 RMB/ton, a decrease of 1.15%.
Supply side: The inventory of rapeseed meal in oil factories is at a historical low, and some regions have tight spot supply; But there is an expected increase in supply: the improvement of Sino Canadian rapeseed trade, the import of Australian rapeseed through customs clearance, the expansion of rapeseed import channels, and the increase in mid-term supply pressure.
Demand side: Aquaculture is in the off-season of winter, and pre holiday stocking has basically ended. Market procurement activities tend to be flat, and there is a lack of demand for spot goods.
In the short term, rapeseed meal maintains range oscillation, and spot stocks are supported by low inventory to resist decline. Pay attention to the rhythm of rapeseed arrival at the port and the linkage trend of soybean meal. Mid term: With the increase in the arrival of rapeseed at ports, the expectation of loose supply is strengthened, and prices may fluctuate weakly. Focus on the data of rapeseed arrivals in March and April and the recovery of demand for aquatic products.
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