# SunSirs: Strong Trend in China Rapeseed Meal Prices Last Week(June 12-16)

> China rapeseed meal averaged 3,410 RMB/ton on June 16, up 2.25% from 3,335 RMB/ton on June 12. Soybean meal rose 3.89% over the same period to 3,952 RMB/ton amid El Nino concerns and strong aquaculture demand.

- Date: 2023-06-21 · published 2023-06-21T12:00:00.000Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/9767-sunsirs-strong-trend-in-china-rapeseed-meal-prices-last-week-june-12-16
- 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 firm aquaculture feed demand and weather-related supply worries, supporting higher protein meal costs for feed buyers.

## Read by commodity

- SBM: bullish ▲
- CANMEAL: bullish ▲

## Sources

- sunsirs.com: https://www.sunsirs.com/commodity-news/petail-13224.html

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