Group 1 - The core viewpoint from Huawen Futures indicates that rapeseed meal prices are expected to continue declining due to increased supply pressure from the upcoming domestic rapeseed harvest and a significant drop in soybean meal prices [2] - Baicheng Futures notes that the short-term volatility in rapeseed meal prices is not yet over, influenced by fluctuations in the soybean market and stable operating rates at domestic crushing plants [3] - Zhonghui Futures advises caution in pursuing long positions ahead of the holiday, as domestic rapeseed inventory is significantly higher than in the same period over the past two years, and new season rapeseed is about to be harvested [4] Group 2 - The market anticipates a faster customs inspection process, leading to a substantial decline in spot soybean meal prices, which in turn affects the rapeseed meal futures market [2] - The demand for rapeseed meal is expected to recover significantly in May, with downstream stocking needs being a key focus for the market [3] - The price gap between soybean meal and rapeseed meal has recently widened to over 900 yuan per ton, indicating a decrease in the substitutability of rapeseed meal [4]
国产菜籽即将集中上市 预计菜籽粕或将继续走低
Jin Tou Wang·2025-04-29 08:18