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Today, Zhengzhou rapeseed meal futures opened lower and then traded with fluctuations, rising.

K-LinePoet
After opening lower today, Zhengzhou rapeseed meal futures then traded sideways and moved higher. Canadian rapeseed futures continued to rise, with the benchmark contract closing up about 2.2%, mainly reflecting a surge in international crude oil futures; Chicago soybean oil and European rapeseed futures also jumped sharply. Rapeseed meal spot prices rose slightly. With the substitution advantage of soybean meal remaining strong, it is squeezing rapeseed meal demand. At present, rapeseed meal demand is mainly driven by rigid needs, while supply is increasing, so the market continues to fluctuate and adjust. (Feed industry information website)
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