According to the monitoring of the commodity market analysis system of SunSirs, the average market price of rapeseed meal on May 10th was 2,850 RMB/ton, and on May 17th, the average market price of rapeseed meal was 2,873 RMB/ton, with an increase of 0.82% during the period.

Last week, the market for rapeseed meal fluctuated slightly and showed a strong trend. As the weather warms up, aquaculture gradually enters the peak season, and the demand for rapeseed meal is improving, providing support for the rapeseed meal market. Before August, there was sufficient supply of imported rapeseed for domestic buyers, and the operating rate of oil factories remained high, which may lead to an increase in rapeseed meal output. In terms of soybean meal, the recent increase in soybean arrivals to Hong Kong has dragged down the supply pressure of soybean meal, and the rapeseed meal market has been suppressed. The demand for rapeseed meal market is expected to be positive, but the sufficient supply of imported rapeseed has an impact, coupled with the pressure of soybean meal supply dragging down, the upward space for rapeseed meal is limited, and it is expected that the narrow range fluctuation will be mainly strong.

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