SunSirs: Rapeseed Prices were Stable Last Week (9.20-9.24)

　　1. Rapeseed market price

　　The average price of rapeseed is 6000 yuan/ton, and the quotation is temporarily stable.

　　2. Market analysis

　　The price of domestically produced net rapeseed in Hubei is around 3.0 yuan/500g; the price in Anhui is around 2.95 yuan/500g; the price in Jiangsu is around 2.95-3.0 yuan/500g; the price in Sichuan is around 3.25-3.3 yuan/500g; the price in Inner Mongolia is around 2.85 yuan/500g ; The price of rapeseed was temporarily stable last week, and the speed of rapeseed delivery varies from place to place. Traders’ quotations were generally stable, mainly with small fluctuations.

　　At the beginning of last week, the average domestic rapeseed oil price was 11,185 yuan/ton, and the average domestic rapeseed oil price was 11,355 yuan/ton last weekend, an increase of 1.52%. At the beginning of last week, the average price of rapeseed meal in East China was 3090 yuan/ton, and the average price of rapeseed meal in East China last weekend was 3093 yuan/ton, an increase of 0.11%.

　　3. Market outlook

　　Influenced by limited electricity, the operating rate of oil plants is low, the market demand for rapeseed may weaken, and the price of rapeseed may drop slightly.