Canola steady, there is still a rebound in the peak season of rapeseed

many-empty factors comment:Yfu1, Canadian oil crop sage crop growth conditions are good, although the recent north-west region has been plagued by rainfall, but most of the climate conditions are more stable, rape growth is good, to a large extent on the rapeseed price pressure, but due to the recent tight supply of canola, and end-user demand is more stable, the limit period price further declineYfu
2, import son-in-hand, after two years, Australia rapeseed re-import, resulting in domestic imports in May broke through a record high, the opening of Australia's imports in the latter stage will cause a clear supply impact on domestic rapeseed imports;Yfu
3, the new season rapeseed abundant listing, due to the rapid acquisition progress, water improvement factors, rapeseed spot price gradually higher, close to the collection and storage price, but due to the abundance and import impact, supply is sufficient, traders procurement more cautious, market expectations are stable, price upward space is limitedYfu
4, the problem of the price of refined vegetables to boost production costs, vegetable meal spot prices rose sharply, the current demand for vegetable meal aquatic feed is strong, and in the case of weak demand for vegetable oil, in order to ensure processing profits in the oil plant conditions, the market is strong, the recent strength of vegetable meal can be expectedYfu
5, the recent increase in soybean arrival volume, the situation of tight supply of beans changed, the spot price of beans appear to fall, from the price difference point of view, the later fall in soybean meal prices will limit the upward range of vegetable meal pricesYfu
Operation advice:Yfuoutlook July, rapeseed acquisition progress is fast, farmers have limited surplus grain, but because traders are more cautious in purchasing, the market lacks a bullish atmosphere, the late price is expected to rely on the storage price smooth operation;Yfu
Canola meal, the increase in the price of refined oil foreshadows that the processing costs of oil plants will rise, the case of the vegetable meal aquaculture season, the recent strong difficult to change, but the long-term due to the existence of import price advantage, is not optimistic, near strong and far weak situation is more obviousThe meal 1309 was boosted by the delivery advantage, the current 2600 below the space is limited, the vegetable meal 1401 contract recently tried to get out of the bottom market, 2200 support is expected to play a role in the later stage, or will be on the upward test 2300 near the pressureYfulong-term factors comment:Yfu1, Canadian oil-aged rapeseed crop growth conditions are good, although the recent north-west region has been plagued by rainfall, but most of the climate conditions are more stable, rape growth is good, to a large extent on the rapeseed price pressure, but due to the recent tight supply of canola, and end-user demand is more stable, the limit period price further declineYfu
2, import son-in-hand, after two years, Australia rapeseed re-import, resulting in domestic imports in May broke through a record high, the opening of Australia's imports in the latter stage will cause a clear supply impact on domestic rapeseed imports;Yfu
3, the new season rapeseed abundant listing, due to the rapid acquisition progress, water improvement factors, rapeseed spot price gradually higher, close to the collection and storage price, but due to the abundance and import impact, supply is sufficient, traders procurement more cautious, market expectations are stable, price upward space is limitedYfu
4, the problem of the price of refined vegetables to boost production costs, vegetable meal spot prices rose sharply, the current demand for vegetable meal aquatic feed is strong, and in the case of weak demand for vegetable oil, in order to ensure processing profits in the oil plant conditions, the market is strong, the recent strength of vegetable meal can be expectedYfu
5, the recent increase in soybean arrival volume, the situation of tight supply of beans changed, the spot price of beans appear to fall, from the price difference point of view, the later fall in soybean meal prices will limit the upward range of vegetable meal pricesYfu
Operation advice:Yfu outlook July, rapeseed acquisition progress is fast, farmers have limited surplus grain, but because traders are more cautious in purchasing, the market lacks a bullish atmosphere, the late price is expected to rely on the storage price smooth operation; Yfu
Canola meal, the increase in the price of refined oil foreshadows that the processing costs of oil plants will rise, the case of the vegetable meal aquaculture season, the recent strong difficult to change, but the long-term due to the existence of import price advantage, is not optimistic, near strong and far weak situation is more obvious The meal 1309 was boosted by the delivery advantage, the current 2600 below the space is limited, the vegetable meal 1401 contract recently tried to get out of the bottom market, 2200 support is expected to play a role in the later stage, or will be on the upward test 2300 near the pressure Yfu