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Today, Zhengzhou Rapeseed Meal Futures Opened Lower and then fluctuated and adjusted

K-LinePoet
After opening lower, Zhengzhou rapeseed meal futures today moved in a range and adjusted. Most Canadian rapeseed futures contracts saw declines, with the benchmark contract closing down 0.16%, ending a day of volatile trading. Rapeseed meal spot prices rose slightly. Rapeseed import volumes increased, factories were operating at high rates, and rapeseed meal supply became more abundant. In terms of demand, feed mills are mainly making just-needed replenishment. In addition, frequent rains in the south led to flooding in some areas along the river, affecting aquaculture and weighing on demand. The rapeseed meal market will likely continue to trade weakly and remain volatile. (Feed Industry Information Network)
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