I．Stocks, arrivals and machine operation of rapeseed

Till October 20th this week, coastal stocks of imported rapeseed are slightly gained to 262,000 tonnes due to arrivals of rapeseed in some oil factories, higher by 9.85% from last week’s 238,500 tonnes, an increase of 23,500 tonnes, and up 42.39% over the same period last year of 184,000 tonnes. While total rapeseed stocks in such regions as Guangxi, Guangdong and Fujian are increased to 240,500 tonnes, which is up 16.18% against 207,000 tonnes last week, but down 0.21% over the same period in the previous year of 241,000 tonnes. Port arrivals of rapeseed in October, November and December will not be much, in detail, 316,500 tonnes, 360,000 tonnes and 330,000 tonnes respectively, consequently, rapeseed crush in the following three months is expected to be general. Yet, a significant import of soybeans in November and December(18.1 Mln tonnes or even more in total) will boost outputs of soybean oil and meal, which will dwarf the market of rapeseed oil and meal to some degree, such being the cases, supplies of rapeseed oil and meal will be sufficient overall.

II. Stocks of rapeseed oil and amounts in outstanding contracts