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Investigation report on stocks of rapeseed, rapeseed oil and meal in coastal areas and East China(week 44)

2017-11-07 www.cofeed.com
I.Stocks, arrivals and machine operation of rapeseed
    Till November 3rd this week, coastal stocks of imported rapeseed have risen to 361,500 tonnes by 20.7% from last week’s 299,500 tonnes due to arrivals of rapeseed in some oil mills, with an increase of 62,000 tonnes, yet up 95.4% over the same period last year of 185,000 tonnes. While total rapeseed stocks in such regions as Guangxi, Guangdong and Fujian have increased to 340,000 tonnes by 22.3% against 278,000 tonnes last week, and up 79.42% over the same period in the previous year of 189,500 tonnes. Port arrivals of rapeseed in October, November and December will not be much, in detail, 381,500 tonnes, 360,000 tonnes and 330,000 tonnes respectively, therefore, rapeseed crush in the following three months tend to be general.  Details for weekly stocks are shown as follows:

Area/Enterprise

Rapeseed stocks (unitten thousand tonnes

 

Week 44

Week 43

Fluctuation

Guangxi

18.3

13.1

5.2

Guangdong

9

5.8

3.2

Fujian

6.7

8.9

-2.2

Kerry, Yingkou

1

1

0

Jiangsu

1.15

1.15

0

Total

36.15

29.95

6.2



                           Fugure1: Comparison of domestic rapeseed stocks yearly
 
II.Stocks of rapeseed oil 
    Till November 3rd, rapeseed  stocks in regions have accumulated to 388,200 tonnes by 0,26% from last week’s 387,200 tonnes, with a rise of 1,000 tonnes, yet up 13.64% over the same period last year of 341,600 tonnes. Details for weekly stocks are shown as follows:

Area/Enterprise

Rapeseed oil stocks (unitten thousand tonnes

 

Week 44

Week 43

Fluctuation

Guangxi

4

4.6

-0.6

Guangdong

2.8

3.6

-0.8

Fujian

2.4

2.3

0.1

Kerry, Yingkou

1.25

1.5

-0.25

East China

28.37

26.72

1.65

Total

38.82

38.72

0.1



                           Figure2: Comparison of domestic rapeseed oil stocks yearly

III. Coastal stocks of rapeseed meal
    Till November 3rd, rapeseed meal stocks have decreased to 18,800 tonnes by 27.9% from last week’s 26,100 tonnes, with a decline of 7,300 tonnes, yet up 8.67% from 17,300 tonnes attained the same period last year. Details for weekly stocks are shown as follows:

Area/Enterprise

Rapeseed meal stocks (unitten thousand tonnes

 

Week 44

Week 43

Fluctuation

Guangxi

0.5

0.66

-0.16

Guangdong

0.88

1

-0.12

Fujian

0.5

0.45

0.05

Kerry, Yingkou

0

0

0

Jiangsu

0

0.5

-0.5

Total

1.88

2.61

-0.73



                       Figure3: Comparison of domestic rapeseed oil stocks yearly