Rapeseed Meal Price to Rebound in Short Terms

By CnAgri2013-12-18 09:43:12 Print Rapeseed meal：On Dec. 11th, 2013, the average wholesale price of rapeseed meal is RMB2905Yuan/MT, down 0.07% from last week. Domestic rapeseed meal price stabilized and even rebounded in some areas after continuous decline, mainly due to cottonseed meal’s overproof content of aflatoxin and shipment delay of DDGS. With approaching of Spring Festival, BOABC predicts rapeseed meal price shall stop declining and even rebound slightly. In the long run, however, rapeseed meal market shall continue with weak trend.  (Table 6)



From “China Livestock and Feed Market Weekly Report”