# SunSirs: Supply is Expected to Increase, and the Upward Trend of Rapeseed Meal is Blocked in China

> Average spot rapeseed meal prices in China were 4,148 RMB/ton on November 3, up 0.24% over the period from October 31 and 14.88% above September 1. Prices rose early on a 4.75% jump in Zheng rapeseed meal futures, then eased.

- Date: 2022-11-07 · published 2022-11-07T12:00:00.000Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/38785-sunsirs-supply-is-expected-to-increase-and-the-upward-trend-of-rapeseed-meal-is
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Expected rising rapeseed meal supply from new purchases of about 1.8 million tons of rapeseed, plus seasonal demand weakness as aquaculture feeding slows, should cap further gains. Strong substitution demand versus soymeal limits the downside.

## Read by commodity

- SBM: neutral
- CANMEAL: neutral

## Sources

- sunsirs.com: https://www.sunsirs.com/commodity-news/petail-9306.html

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