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Rapeseed meal futures moved with soybean meal and overseas markets during the week, with spot prices averaging 2,411 yuan per tonne, up 3.12%. Crush output and inventories both rose, aquaculture demand entered its off-season, and the soybean-rapeseed meal spread narrowed, weakening substitution demand.
Weaker domestic demand and rising stocks limit upside for Chinese rapeseed meal, so prices are expected to trade sideways with a slightly weaker bias. Feed buyers in China face soft meal pricing near term, with a futures reference range of 2,150-2,250 yuan per tonne.
ncp.mysteel.comNov 12, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
