According to the monitoring of the Commodity Market Analysis System of SunSirs, the average market price of rapeseed meal on June 12th was 3,335 RMB/ton, and on June 16th, the average market price of rapeseed meal was 3,410 RMB/ton, with an increase of 2.25% during the period.

Last week, rapeseed meal was mainly strong and rose. Zheng Mei futures rose 3.43% on Friday. The impact of El Nino has driven the domestic oil and fat market up. Large quantities of domestically produced rapeseed have been launched, increasing the supply of domestic rapeseed meal; In the later stage, domestic imported rapeseed will decrease, and the supply of rapeseed meal will also decrease. Aquaculture has entered the peak demand season, with good terminal demand supporting the upward trend of rapeseed meal prices.

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 June 12 was 3,804 RMB/ton, and on June 16, the average market price of soybean meal was 3,952 RMB/ton, with an increase of 3.89% during the period. The soybean meal market has increased last week, and Friday's quotation has significantly increased. Affected by El Nino, the spot price of soybean meal has increased.

The demand for rapeseed meal is in the peak season, and it is expected that the trend of rapeseed meal fluctuation will be mainly strong in China.

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