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Is rapeseed oil futures crude oil?
Yes Rape production in China has made great progress, and the yield per mu has been continuously improved. Rapeseed oil production accounts for more than 1/3 of vegetable oil production. In addition to the Yangtze River and Pearl River basins, other regions are also vigorously developing rape planting, because it can be planted in winter fallow areas without competing with field crops. Rapeseed oil is yellow, slightly green, smelly and spicy. Rapeseed oil after alkali refining, decoloration and deodorization is clear and transparent, with light yellow color and no peculiar smell.