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Auction of temporarily stored rapeseed oil achieves a transaction rate of 17.51%
Auction of temporarily stored rapeseed oil achieves a transaction rate of 17.51%. With the approval of the relevant state departments, the competitive sales trading session for state temporarily stored rapeseed oil held on April 8 concluded successfully. At this trading session, 49,543 tons of rapeseed oil were planned for sale, and 8,674 tons were actually sold, for a transaction rate of 17.51%, of which
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Soybean oil, palm oil and rapeseed oil futures prices take a collective breather
"The rally in oils and fats varieties will not just quietly end like this; after consolidation, the probability of a medium-term rise is very high." Wang Huan, a grain and oil trader in Hubei, told the Futures Daily reporter that the collective surge and pullback in the futures prices of China's three major oils yesterday was only temporary, and the speculation over low oils and fats market inventories and the coming El Nino weather is not over yet.
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Sinograin reported for illegally importing genetically modified rapeseed oil mixed into national temporary reserves
According to a report by The Paper, Sinograin Hunan Company was reported for causing 30 million yuan to be intercepted due to illegal operations, and multiple enterprises it entrusted were accused of using a "stand-in" method to import genetically modified rapeseed oil and earn huge profits from it. The following is the detailed content: Two years after being
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Rapeseed purchase and storage policy expected to continue
The rapeseed meal market has reached a critical period, and where the market goes from here has become a matter of considerable concern among industry insiders. In the author's view, after a long period of sideways oscillation, the rapeseed meal futures and spot markets have limited room for short-term decline and are expected to oscillate upward. Rapeseed purchase and storage poli
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Training on Full-Process Mechanization Technology; Assessment of Rapeseed Harvest Losses
On May 15, the Agricultural Machinery Extension Station of the Ministry of Agriculture held a training course on full-process mechanization technology for major crop production in Changsha, Hunan Province, and at the same time launched work to assess losses under various rapeseed harvest methods, with nearly 100 people from across the country's provincial (regional, municipal) agricultural mechanization authorities and extension
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Rapeseed prices this year may fall sharply compared with last year
It was learned from the 2015 National Summer Grain and Oil Purchase Work Conference held recently that this year's rapeseed purchase policy has been preliminarily clarified. The central government finance will provide subsidies for rapeseed purchases in 5 provinces, Jiangsu, Anhui, Henan, Hubei and Hunan. The specific purchase price and whether to
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The temporary state reserve policy for rapeseed has reached a crossroads: which way will it go?
Under the current temporary state reserve policy for rapeseed, all the various costs and even losses incurred from purchasing and processing to storing and selling rapeseed are ultimately borne entirely by the state. As the quantity of rapeseed in temporary state reserve continues to increase, the state's fiscal burden grows heavier and heavier. In late May, just
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Initial results achieved in the research on green yield-increasing models for rapeseed
The middle and lower reaches of the Yangtze River are an important rapeseed production area in China. In recent years, in accordance with the deployment and requirements of the Ministry of Agriculture for carrying out regional research on yield-increasing models, the Hubei Provincial Department of Agriculture, together with the agricultural departments of Hunan, Jiangxi, Jiangsu, Sichuan and other provinces, has strengthened collaboration and jointly carried out research, with Fu Tingdong
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Rapeseed Market Develops Favorably After Government Ends Stockpiling
Marketization level rises, situation becomes clearer. Since June, trading volume in the Zhengzhou rapeseed futures market has grown rapidly. Rapeseed futures prices, which investors paid little attention to for many years, have now become data that oil mills and traders must check every day, while the rapeseed oil and rapeseed meal futures markets, which have always been relatively active, are even more "pursued" by investors.
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Why has domestic rapeseed oil lost market share?
As of now, this year's rapeseed harvest in Hubei and other areas has already ended. Because the opening purchase price of newly harvested rapeseed is too low, farmers are unwilling to sell, and oil mills are also unwilling to raise prices to buy and process it, which has prevented domestic rapeseed oil and rapeseed meal from being supplied to the market in large quantities, triggering
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