According to the monitoring of the commodity market analysis system of SunSirs, the average market price of rapeseed meal on May 1st was 2,308 RMB/ton, and on May 11th, the average market price of rapeseed meal was 2,851 RMB/ton, with an increase of 1.72% during the period.

During the May Day holiday, the foreign soybean market rose, boosting the domestic oil and vegetable market. After the holiday, the rapeseed meal market rose. In addition, domestic aquaculture is gradually transitioning towards the peak season, and there is a positive expectation of demand in the rapeseed meal market, which has boosted the rapeseed meal market. There are data expectations that from May to August, the quantity of imported rapeseed is sufficient, the operating rate of oil factories remains high, and the output of rapeseed meal increases. As the weather warms up, aquaculture enters the peak season, providing support for the market of rapeseed meal. Domestically produced rapeseed will gradually be listed in mid to late May. Due to the influence of weather in the rapeseed production areas at the beginning of the year, there is an expectation of reduced production of domestically produced rapeseed, which is beneficial for the domestic rapeseed meal market. It is expected that the trend of rapeseed meal will be mainly strong and volatile.

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