The agribusiness knowledge provider

December 30, 2011
 
China Rapeseed Meal Weekly: Market quiet (week ended Dec 30, 2011)
 
An eFeedLink Exclusive
                     
       
Price summary
 
Prices were stable.
 

Weekly transacted prices of rapeseed meal in China

Region

Price type

Protein content
(%)

Price as of Dec 23
(RMB/tonne)

Price as of Dec 30
(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

1,950

1,950

0

0

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

1,900

1,900

0

0

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

1,950

1,950

0

0

Average

-

-

1,890

1,890

0

0

Prices are representative and for reference only.
RMB1=US$0.1578 (Dec 30)

 
 
Market Analysis
 
Despite an upturn in soymeal prices, rapeseed meal market was quiet with demand nearly flat.
 
 
Market Forecast
 
Rapeseed meal trading is unlikely to turn around until next year's March, when the new aqua season is expected to start.
 

 


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
Subscribe To eFeedLink 
Copyright ©2017 eFeedLink. All rights reserved.
Find us on FacebookFind us on Twitter