# SunSirs: The Rise in China Rapeseed Meal Prices in June is expected to be Strong in the Short Term

> SunSirs reports China rapeseed meal averaged 3,561 RMB/ton on June 26, up 8.15% from 3,293 RMB/ton on June 1. Soybean meal rose 5.36% over the same period, with strong aquaculture demand supporting prices.

- Date: 2023-06-27 · published 2023-06-27T12:00:00.000Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/35591-sunsirs-the-rise-in-china-rapeseed-meal-prices-in-june-is-expected-to-be-strong
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Rising domestic meal prices in China reflect tight rapeseed supply expectations tied to Australian El Niño losses and firm feed demand, supporting meal values in the near term.

## Read by commodity

- SBM: bullish ▲
- CANMEAL: bullish ▲

## Sources

- sunsirs.com: https://www.sunsirs.com/commodity-news/petail-13299.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.