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Mysteel China edible oils market daily: Palm oil procurement enthusiasm rises, rapeseed oil market remains strong in volatile trading

Source: Mysteel Jun 04, 2026 10:07
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Plant Oil Demand Price Supply
Weather themes in rapeseed-producing regions continue to develop, with hot and dry conditions persisting in Europe. Market attention is focused on the slow sowing pace in Canada and expected production losses in the EU. International rapeseed and rapeseed oil prices remain elevated, buoying the Chinese rapeseed oil market. Rapeseed oil surged during trading hours, with improved crush margins. As rapeseed supplies surge with bulk arrivals, and some crushers have recently increased purchases of Canadian and Australian rapeseed, rapeseed oil supply may gradually shift toward looser conditions. Upward risks warrant attention.

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