The government no longer collects and stores rapeseed and the market is developing better.

The degree of marketization has increased and the situation has become clearer.

Since June, Zhengzhou rapeseed futures market trading volume has grown rapidly, investors have not paid much attention to rapeseed futures prices for many years now become oil plants, traders must see the data every day, and trading has been more active vegetable oil, rapeseed futures market investors are more "chase".

Rapeseed, rapeseed oil, rapeseed meal spot market mechanism "live"

"Without the constraints of the collection and storage policy, the rape industry chain is like a surging river water 'live'." Mei Er Ya futures agricultural products senior analyst Huang Wei told futures daily reporter, At present rapeseed, rapeseed meal, Vegetable oil market various phenomena appear in turn, Each main body of the industry chain are observing, Analyzing these new phenomena, New things, And choose the opportunity to enter the market. According to the reporter's investigation, since this year's new rapeseed market began, the government no longer collected and stored, resulting in a short-term decline in rapeseed purchase prices, rapeseed market appeared farmers do not sell and oil plants do not accept and other "strange" phenomenon. However, in the long run, the continuous improvement of marketization will provide more opportunities for different market entities in the industrial chain to choose and enter the market, and some good market development trends are gradually taking shape.

At present, many large and medium-sized oil plants in Hunan and Hubei are slow to purchase new rapeseed because of high prices, but local small oil plants and some traders from Yunnan, Guizhou and Sichuan are more active in purchasing rapeseed, which was originally restricted by the policy of collection and storage and could not circulate freely, but recovered its "free" body and can circulate freely to other places.

Yu Li, a grain and oil trader in Guangdong Province, believes that the current domestic spot market for rapeseed, rapeseed meal and rapeseed oil is "relieved" and optimism is brewing. One is that the end of the policy of collection and storage is that the market is loosened, so that rape planting, rapeseed purchase and processing, as well as the circulation and sales of rapeseed oil and rapeseed meal are no longer subject to administrative intervention; the other is that under the background of large oscillation of international and domestic financial markets, the spot market value of rapeseed, rapeseed meal and rapeseed oil can be reflected, and the price bottom range becomes clearer and clearer day by day; Third, the time difference, geographical difference, poor production and marketing area and poor quality of market price began to appear, and the operation space and opportunity of each market subject have come; fourth, the processing and product sales situation of rapeseed is relatively optimistic, and the confidence of market optimism is sufficient.

In Xiamen Yinxiang, Dongguan Fuzhiyuan, Zhangzhou Zhongfang and other large oil factories and Guangdong Haida subordinate feed factories, the reporter saw, from all over the country large trucks parked full.

Rapeseed oil and rapeseed meal market demand enters stable stage

In China Textile Grain and Oil (Dongguan) Co., Ltd. Zhangzhou branch reporter understands, Compared with previous years, This year the company's vegetable oil and rapeseed meal sales are relatively stable, And the two sales progress is relatively balanced, In previous years often appear meal strong oil weak or oil strong meal weak phenomenon disappeared. According to the relevant person in charge of the company, the current domestic vegetable oil and meal prices are in the historical low price area, although the price difference between rapeseed oil, rapeseed meal and its substitutes has been continuously narrowed to weaken its cost-performance advantage, but the rigid demand of the market is increasing, such as the steady increase of rapeseed oil consumption groups, the aquatic demand of rapeseed meal has not been greatly reduced, and the lack of supply of miscellaneous meal such as cottonseed meal makes room for the growth of rapeseed meal demand.

It is reported that in the previous period, the price difference between soybean meal and rapeseed meal narrowed to a historical low, in many fields, such as pig feed market, duck feed market soybean meal began to replace rapeseed meal, which made the demand of rapeseed meal market drop a lot, the market is very worried about this, even feed enterprises expect that rapeseed meal will disappear in feed raw materials in the future.

However, from the overall market development trend of plant protein raw materials, the possibility of soybean meal completely replacing rapeseed meal is relatively small, the above-mentioned person in charge said, as the price difference between the two gradually returns to about 550 yuan/ton, rapeseed meal will replace part of soybean meal instead, rapeseed meal demand will increase. In addition, due to the low purchase price of seed cotton, the cotton planting area in Hubei, Shandong, Hebei and other inland areas has declined sharply in recent two years, which leads to a cliff-like decrease in cottonseed yield and finally leads to insufficient supply of cottonseed meal, which makes room for the expansion of rapeseed meal demand.

Compared with rapeseed meal, after the increase of market freedom, the life of rapeseed oil is better, mainly because the purchase price of rapeseed drops, the market price transmission mechanism is straightened out, and the decline of production cost drives the sales price of rapeseed oil to decrease, which is conducive to increasing market demand.

More importantly, without the policy of storage and storage, there will be no "distorted" vegetable oil price, the quality difference of vegetable oil will be reflected in the price level, domestic residents who like to eat vegetable oil have the opportunity to buy vegetable oil, which will also drive the demand for vegetable oil to rise.