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This week, domestic rapeseed oil spot prices are trending weakly.
The Spring Festival holiday is approaching, and traders and crushing plants are gradually entering holiday mode. The spot prices of rapeseed oil are weak. On February 12, the national standard grade 3 rapeseed oil prices in coastal areas ranged from 9,740 to 10,050 yuan/ton, down 20 yuan/ton from the previous day and down 10 to 60 yuan/ton compared to the same period last week; the basis quotes for East China from April to May are OI05+430 yuan/ton, unchanged from the previous day and the same period last week. (National Grain and Oil Information Center)