1.Price Trend

　　According to the monitoring of SunSirs, the average price of domestic rapeseed at the beginning of this week was RMB 4720/ton, while the average price at the end of this week was RMB 4725/ton, up 0.11%.

　　2.Cause analysis

　　Products: The price of domestic rapeseed in Yancheng, Jiangsu is about RMB 2.34/kg, that in Hubei is about RMB 2.36/kg, and that in Anhui is about RMB 2.35/kg. Most traders raise the price of rapeseed slightly. This year, the domestic rapeseed production declined, in addition, the import of rapeseed was limited, which supported the bottom price of domestic rapeseed. With the two-section approach, the market reserve volume was positive and the rapeseed market was boosted.

　　Rapeseed oil prices have been boosted by festivals and run at a high level. Recently, the price of rapeseed oil has been slightly lowered due to the fall in palm oil prices. China-Canada relations are tense and the supply of rapeseed oil is worried, which is good for rapeseed oil.

　　3.Future Market Forecast

　　Rapeseed analysts in SunSirs believe that rapeseed prices may be stable in the short term.