The supply of domestic rapeseed oil will increase in the later stage.

"domestic rapeseed purchase policy adjustment, the impact on the market is diversified. After the temporary rapeseed purchase policy is cancelled, the market supply of domestic rapeseed oil will relatively increase, the price difference between rapeseed oil and soybean oil will continue to remain low, and domestic rapeseed oil consumption will continue to increase. " Analysts say.

According to the spirit of the "opinions of the State Council on establishing and improving the responsibility system of provincial governors for food security", starting from this year, local governments will be responsible for organizing all kinds of enterprises to purchase rapeseed, which means that the temporary storage of rapeseed acquisition policy has officially withdrawn. With the change of acquisition policy, great changes will take place in China's rapeseed purchase and sale market. The changes are mainly reflected in five aspects:

First, under the influence of the decline of planting income, the planting area and rapeseed yield of rapeseed in China will continue to decline in the next few years.

Second, in the later stage, the commodity volume and commodity rate of domestic rapeseed may continue to decrease, the non-GM advantage of domestic rapeseed will gradually appear, and the price of domestic rapeseed will pick up gradually.

Third, the domestic rapeseed processing enterprises will be divided in the future. The number of rural oil-pressing workshops and rapeseed oil production lines may continue to increase and become the main force of domestic rapeseed processing; large rapeseed processing enterprises in the main producing areas will be forced to transform, and a large number of small and medium-sized rapeseed processing enterprises may go bankrupt.

Fourth, the output of domestic rapeseed continues to decline, and the demand for imported rapeseed will increase. In the next few years, rapeseed imports will remain at a high level for a long time. However, affected by the global rapeseed production and trade volume is difficult to increase significantly, rapeseed prices in the international market will be supported, the crushing profits of imported rapeseed will be squeezed, and the competition among imported rapeseed processing enterprises will be more fierce.

Fifth, after the cancellation of the market purchase policy, the supply and demand situation will become the main factor that determines the change of rapeseed price. With the improvement of the marketization of rapeseed prices, the rapeseed futures market will become more and more active, and the degree of market participation will continue to increase.

After the state canceled the temporary storage rapeseed acquisition policy, how to deal with the temporary storage rapeseed inventory has become the focus of market attention. According to the analysis, industrial chain enterprises should pay close attention to the change of sales policy and price adjustment of rapeseed oil in the later stage.

Under the influence of the global rapeseed oil production and trade volume is difficult to increase significantly, and the internal and external prices continue to hang upside down, China's rapeseed oil import volume will remain at a low level in the next few years.