Poultry
xClose

Loading ...
Swine
xClose

Loading ...
Dairy & Ruminant
xClose

Loading ...
Aquaculture
xClose

Loading ...
Feed
xClose

Loading ...
Animal Health
xClose

Loading ...
RSS

December 23, 2011
 
China Rapeseed Meal Weekly: Market stalls on sales slump, imports (week ended Dec 23, 2011)

An eFeedLink Exclusive
    
                        
Price summary

Prices were mostly stable.
 

Weekly transacted prices of rapeseed meal in China

Region

Price type

Protein content
(%)

Price as of Dec 16
(RMB/tonne)

Price as of Dec 23 
(RMB/tonne)

Price change

(RMB/tonne)

Percentage

Jiangsu

Nantong

Ex-warehouse

36

2,000

2,000

0

0

Wuxi

Ex-warehouse

36

2,000

2,000

0

0

Anhui

Chaohu

Ex-warehouse

36

2,000

1,950

-50

-2.50

Hefei

Ex-warehouse

36

1,900

1,900

0

0

Anqing

Ex-warehouse

36

2,000

2,000

0

0

Hubei

Wuhan

Port

36

1,900

1,900

0

0

Jingmen

Ex-warehouse

36

1,900

1,900

0

0

Xiangyang

Ex-warehouse

36

1,900

1,900

0

0

Hunan

Yueyang

Ex-warehouse

36

1,950

1,900

-50

-2.56

Changde

Ex-warehouse

36

1,950

1,950

0

0

Changsha

Rail Station

36

2,000

2,000

0

0

Sichuan

Chengdu

Rail Station

36

2,000

2,000

0

0

Ziyang

Ex-warehouse

36

1,500

1,500

0

0

Qinglongchang

Ex-warehouse

36

1,500

1,500

0

0

Guangdong

Guangzhou

Rail Station

36

1,900

1,950

50

2.63

Average

 

-

-

1,893

1,890

-3

-0.18

Prices are representative and for reference only.
RMB1=US$0.1578 (Dec 23)

 
 
Market Analysis
 
China's November rapeseed meal imports surged 68% on-year to 102,778 tonnes. About 42% of the total, or 43,022 tonnes, came from India alone, which was 42 times higher than last year.
 
Other than a mild pick-up in southern China, demand for rapeseed meal slumped across regions, keeping prices subdued alongside pressure from high import arrivals as well as weak  protein meals market.
 
 
Market Forecast
 
Bearish outlook for soymeal and rapeseed meal's price disadvantage will continue to hold its replenishment interest low.
 
 


All rights reserved. No part of the report may be reproduced without permission from eFeedLink.

Share this article on FacebookShare this article on TwitterPrint this articleForward this article
Previous
My eFeedLink last read