According to the monitoring of the Commodity Market Analysis System of SunSirs, the average market price of rapeseed meal on September 1st was 4,083 RMB/ton, and on September 7th, the average market price of rapeseed meal was 4,021 RMB/ton, with a decrease of 1.51% during the period.

Last week, rapeseed meal fluctuated and fell. The import of rapeseed has significantly decreased, and the supply pressure of rapeseed meal has weakened; As the weather cools and the aquaculture season ends, the rigid demand for rapeseed meal weakens, and the demand side's enthusiasm for rapeseed meal procurement decreases. The inventory of rapeseed meal shows a rebound trend, suppressing the weakening of the rapeseed meal market. Canadian rapeseed has entered the harvest period, and seasonal supply pressure has increased. On Thursday, the Intercontinental Exchange (ICE) Canadian rapeseed futures market fell, which has had some pressure on the domestic 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 September 1st was 5,012 RMB/ton, and on September 7th, the average market price of soybean meal was 4,932 RMB/ton, with a decrease of 1.60% during the period. The soybean meal market has fluctuated and fallen in this cycle, dragging down the rapeseed meal market.

The demand for aquaculture is gradually weakening, dragging down the market for rapeseed meal, and it is expected that rapeseed meal will mainly operate in a weak and volatile manner.

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