SunSirs: Rapeseed Market in China is Basically Stable

The rapeseed commodity index on October 13 was 117.46, a decrease of 8.54% from the highest point in the cycle of 128.43 points (2021-03-08), and an increase of 61.28% from the lowest point of 72.83 points on November 19, 2015. (Note: Period refers to 2013-09-01 to present).

The peak aquaculture season is over, the rapeseed meal market is weakening, which drags down rapeseed prices, and the speed of rapeseed shipments is slow. In some areas, the price of rapeseed is mainly reduced slightly, and the quotation in most areas is mainly to maintain stable operation.