Market sentiment is clearly heating up, and commodity futures of cuisine are showing strong upward movement.

During the daytime trading on August 13, the main contracts of domestic commodity futures experienced both rises and falls, with vegetable oil varieties showing strong gains. Baicheng Futures stated that after the recent rotation of soybean oil and palm oil breaking through the upside, rapeseed oil saw a rebound. Despite the weak background in fundamentals, rapeseed oil saw a rebound in market sentiment once again sparked by changes in the China-Canada rapeseed trade relationship. After a period of weaker performance compared to other oil varieties, rapeseed oil saw a rebound and broke through the plateau. Galaxy Futures believes that with a decrease in subsequent aquaculture demand, the demand for rapeseed meal may continue to decline. However, due to the decreasing supply of rapeseed and rapeseed meal, it is expected that the overall supply and demand relationship in the rapeseed meal market will not change significantly, and it will mainly follow the trend of soybean meal in the future. In addition, attention should be paid to the impact of tight rapeseed meal supply on the price spread between soybean meal and rapeseed meal.