I．Stocks, arrivals and machine operation of rapeseed
Till October 27th this week, coastal stocks of imported rapeseed are slightly accumulated to 299,500 tonnes by 14.31% from last week’s 262,000 tonnes due to arrivals of rapeseed in some oil factories, with an increase of 37,500 tonnes, and up 46.45% over the same period last year of 204,500 tonnes. While total rapeseed stocks in such regions as Guangxi, Guangdong and Fujian are increased to 278,000 tonnes by 15.59% against 240,500 tonnes last week, and up 27.52% over the same period in the previous year of 218,000 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.
Area/Enterprise
|
Rapeseed stocks (unit：ten thousand tonnes）
|
Week 43
|
Week 42
|
Fluctuation
|
Guangxi
|
13.1
|
6.3
|
6.8
|
Guangdong
|
5.8
|
9.6
|
-3.8
|
Fujian
|
8.9
|
8.15
|
0.75
|
Kerry, Yingkou
|
1
|
1
|
0
|
Jiangsu
|
1.15
|
1.15
|
0
|
Total
|
29.95
|
26.2
|
3.75
|
II. Stocks of rapeseed oil and amounts in outstanding contracts
Operating rate in oil factories rebounds slightly this week（till October 27th）amid its quickening delivery in middle and downstream enterprises. Generally, rapeseed oil stocks in regions are increased to 387,200 tonnes by 0,6% from last week’s 384,900 tonnes, with a rise of 2,300 tonnes, and up 6.96% over the same period last year of 362,000 tonnes. Details for weekly stocks are shown as follows:
Area/Enterprise
|
Rapeseed oil stocks (unit：ten thousand tonnes）
|
|
Week 43
|
Week 42
|
Fluctuation
|
Guangxi
|
4.6
|
4.25
|
0.35
|
Guangdong
|
3.6
|
3.85
|
-0.25
|
Fujian
|
2.3
|
2.7
|
-0.4
|
Kerry, Yingkou
|
1.5
|
1.7
|
-0.2
|
East China
|
26.72
|
25.99
|
0.73
|
Total
|
38.72
|
38.49
|
0.23
|
III．Coastal stocks of rapeseed meal and amounts in outstanding contracts
Operating rate in oil factories continued to recover this week(till October 27th) amid overwhelming delivery in feed makers but low rapeseed meal outputs, such being the cases, rapeseed stocks decrease to 26,100 tonnes, yet still higher than 13,500 tonnes attained last week by 93.3% with an increase of 12,600 tonnes and up 108.8% over the same period last year of 12,500 tonnes. Details for weekly stocks are shown as follows:
Area/Enterprise
|
Rapeseed meal stocks (unit：ten thousand tonnes）
|
|
Week 43
|
Week 42
|
Fluctuation
|
Guangxi
|
0.66
|
0.4
|
0.26
|
Guangdong
|
1
|
0.3
|
0.7
|
Fujian
|
0.45
|
0.25
|
0.2
|
Kerry, Yingkou
|
0
|
0
|
0
|
Jiangsu
|
0.5
|
0.4
|
0.1
|
Total
|
2.61
|
1.35
|
1.26
|
