Bullish Rapeseed Meal Price

By CnAgri2013-06-19 11:09:46 Print Rapeseed procurement has been under rapid progress this year, thanks to a favorable procurement policy.
 
China Grain Reserves Corp. sets rapeseed meal price at RMB2,600 ~ 2,660/MT this year, far above last year’s RMB2,200/MT. Rapeseed meal was quoted RMB2,878/MT in the market in mid June, up 18% over January and up 26% on the year-on-year basis.

From “China Oil and Oilseeds Market Weekly Report”