Core Insights - Domestic rapeseed meal spot prices remained stable, with Dongguan rapeseed meal quoted at 2570 yuan/ton [1] - The futures market saw the main rapeseed meal contract closing at 2679.00 yuan/ton, with a slight decline of 0.07% [2] Price Overview - The rapeseed meal prices across various regions on June 20 are as follows: - Tianjin: 2630 yuan/ton - Fujian/Xiamen: 2590 yuan/ton - Liaoning/Yingkou: 2810 yuan/ton - Hubei/Jingzhou: 2570 yuan/ton - Jiangsu/Nantong: 2530 yuan/ton [2] Market Trends - Canadian canola seed exports decreased by 17.05% to 131,400 tons as of June 15 [3] - The number of rapeseed meal futures warehouse receipts recorded on June 20 was 25,824, a decrease of 30 from the previous trading day, with a cumulative reduction of 431 receipts over the past week, representing a 1.64% decline [3] Analysis - With the concentration of imported soybeans arriving at ports, oil mills have increased their operating rates, leading to a more relaxed supply that pressures meal prices [4] - The demand for rapeseed meal is expected to rise due to the peak season for aquaculture, although improved trade relations between China and Canada may increase supply and negatively impact rapeseed meal prices [4] - The rapeseed meal market is experiencing narrow fluctuations with a slight upward trend, suggesting a short-term trading approach [4]
水产养殖旺季来临 菜籽粕饲用需求提升
Jin Tou Wang·2025-06-20 09:38