# SunSirs: Good News Appeared, and Rapeseed Meal Fluctuated and Rose

> SunSirs reports the average Chinese rapeseed meal price rose 3.75% from April 1 to April 25, to 3,090 RMB/ton, though it remained 6.76% below March 1. Prices fell in March on weak supply and demand and a weaker soymeal market, then recovered from positive news in April with limited upside.

- Date: 2023-04-26 · published 2023-04-26T12:00:00.000Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/36534-sunsirs-good-news-appeared-and-rapeseed-meal-fluctuated-and-rose
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Rapeseed meal is a feed protein competing with soymeal, so firmer domestic prices support feed costs for Chinese buyers. Upside appears limited while global rapeseed supply has loosened.

## Read by commodity

- CANMEAL: bullish ▲

## Sources

- sunsirs.com: https://www.sunsirs.com/commodity-news/petail-12284.html

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