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Today, Zhengzhou rapeseed meal futures opened higher and then fluctuated upward.
Today, Zhengzhou rapeseed meal futures opened higher and then fluctuated upward. Canadian canola futures closed higher, with the benchmark contract up about 1.5%, following the rally in crude oil futures markets. The spot price of rapeseed meal tracked the upward movement, although the recovery in aquaculture demand is slow, but in the next 1-2 months, domestic rapeseed meal inventories will still be relatively tight, and the downside space for spot prices is limited. In the medium to long term, the removal of tariffs this time has increased the pressure on future supply. (China Feed Industry Information Network)