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Investigation report on stocks of rapeseed, rapeseed oil and meal in coastal areas and East China(week 46)

2017-11-21 www.cofeed.com

I. Stocks, arrivals and machine operation of rapeseed

 

Till November 17th this week, coastal stocks of imported rapeseed have fallen slightly to 336,100 tonnes by 8.04% from last weeks 366,500 tonnes with a decline of 29,400 tonnes, yet up 18.35% over the same period last year of 284,000 tonnes. While total rapeseed stocks in such regions as Guangxi, Guangdong and Fujian have downsized to 251,600 tonnes by 8.18% against 274,000 tonnes last week, but up 9.87% over the same period in the previous year of 229,000 tonnes. Port arrivals of rapeseed in October, November and December are 381,500 tonnes, 360,000 tonnes and 390,000 tonnes respectively, which is basically normal, and material supply for the moment is assured. Details for weekly stocks are shown as follows:

 

Area/Enterprise 

Rapeseed stocks (unit10,000 tonnes

Week 46

Week 45

Fluctuation

Guangxi

11.7

14.7

-3

Guangdong

11.1

7.7

3.4

Fujian

2.36

5

-2.64

Kerry, Yingkou

1

1

0

Jiangsu

7.45

8.15

-0.7

Total

33.61

36.55

-2.94



                     Fugure1: Comparison of domestic rapeseed stocks yearly


II. Stocks of rapeseed oil and amounts in outstanding contracts

    Till November 17th, rapeseed oil stocks in regions have been trimmed to 358,300 tonnes by 2.93 % from last week’s 369,100 tonnes, with a drop of 10,800 tonnes, yet still up 3.44 % over the same period last year of 346,400 tonnes. Details for weekly stocks are shown as follows:

 

Area/Enterprise 

Rapeseed oil stocks (unit10,000 tonnes

Week 46

Week 45

Fluctuation

Guangxi

4

4.7

-0.7

Guangdong

2.57

2.5

0.07

Fujain

2.45

2.6

-0.15

Kerry, Yingkou

     0.  8

1.2

-0.4

East China

26.01

25.91

0.1

Total

35.83

36.91

-1.08