Group 1 - The domestic oilseed market is showing a strong performance with the main contract for rapeseed oil opening at 8863.00 CNY/ton and reaching a high of 9158.00 CNY, reflecting a 2.44% increase [1] - Current market sentiment for rapeseed oil is characterized by strong realities but weak expectations, with low domestic inventories but concerns over potential increases in rapeseed and oil imports due to ongoing trade negotiations between China and Canada [2] - The international oilseed prices are supported by rising US soybean oil prices, which may reduce the likelihood of direct imports of Canadian rapeseed oil into China, leading to a shift from a weak trend to a wide-ranging fluctuation in domestic rapeseed oil futures [2] Group 2 - Oil mills are currently in a shutdown state, maintaining a destocking mode for rapeseed oil, which supports its price and keeps the basis at a high level [2] - The arrival of Australian rapeseed and the anticipated easing of China-Canada trade relations may increase supply pressure in the future [2] - The domestic oilseed supply remains stable, with a neutral outlook on the fundamentals, while the market is experiencing fluctuations due to geopolitical tensions affecting US soybean exports [2]
国内基本面偏中性 预计菜籽油转为宽幅震荡走势
Jin Tou Wang·2026-01-16 06:04