Rapeseed Meal Price to Remain Strong

By CnAgri2013-09-29 11:45:34 Print Rapeseed meal：On Sept. 25th, 2013, the average wholesale price of rapeseed meal is RMB3355Yuan/MT, up 1.3% compared with last week. There are two main contradictions between rapeseed meal supply and demand in domestic market: one is that there is demand from aquatic feed market but stocks in feed enterprises are not adequate; the other is that there is demand from feed enterprises but stocks in manufacturers and traders are not adequate. Lack of resources supported the price to go further strong and in short terms the supply gap is hard to be improved. So it is predicted domestic rapeseed meal market shall remain strong. (Table 5)



From “China Livestock and Feed Market Weekly Report”