After the Spring Festival holiday, downstream demand has recovered slowly. Coupled with market anticipation of the final ruling on the anti-dumping investigation of rapeseed, market trading remains cautious, and rapeseed meal spot prices have declined. On February 27, the price of ordinary egg-type rapeseed meal in coastal areas was 2,340 to 2,490 yuan/ton, down 20 to 70 yuan/ton week-on-week; in South China, the spot basis quote for ordinary egg-type rapeseed meal was RM05+60 to 90 yuan/ton, down 0 to 30 yuan/ton. (National Grain and Oil Information Center)
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Last week, domestic rapeseed meal spot prices declined
After the Spring Festival holiday, downstream demand has recovered slowly. Coupled with market anticipation of the final ruling on the anti-dumping investigation of rapeseed, market trading remains cautious, and rapeseed meal spot prices have declined. On February 27, the price of ordinary egg-type rapeseed meal in coastal areas was 2,340 to 2,490 yuan/ton, down 20 to 70 yuan/ton week-on-week; in South China, the spot basis quote for ordinary egg-type rapeseed meal was RM05+60 to 90 yuan/ton, down 0 to 30 yuan/ton. (National Grain and Oil Information Center)