Suggestions for rapeseed operation:
Some manufacturers approved the transgenic certificate of rapeseed, which triggered a sharp decrease in the variety of dishes. After Richardson Company was banned from exporting rapeseed to China, the General Administration of Customs cancelled the registration of rapeseed in Vitera due to the detection of quarantine pests. Recently, the news of rapeseed market has been repeated, which is risky. However, the shipment date of most imported rapeseed was cancelled in April and May, which led to a sharp drop in the subsequent arrival in Hong Kong, which supported the variety of cuisines to some extent.
This week, the operating rate of rapeseed oil factory decreased and the inventory of rapeseed meal decreased. As of the week of March 22nd, domestic imported rapeseed stocks increased by 5.27% to 659,500 tons, rapeseed meal stocks decreased by 21.1%to 35,500 tons, and rapeseed oil stocks decreased by 10.52% to 96,552 tons. It is difficult for China-Canada relations to ease the support for rapeseed varieties in the short term, but the transgenic policy is repeated and the policy risk is still great. It is recommended to wait and see for the time being.