I. Stocks, arrivals and machine operation of rapeseed
Till November 24th this week, coastal stocks of imported rapeseed have fallen slightly to 316,500 tonnes by 5.83% from last week’s 336,100 tonnes with a decline of 19,600 tonnes, yet up 0.8% over the same period last year of 314,000 tonnes. While total rapeseed stocks in such regions as Guangxi, Guangdong and Fujian have downsized to 184,000 tonnes by 26.87% against 251,600 tonnes last week, and down 31.6% over the same period in the previous year of 269,000 tonnes. Port arrivals of rapeseed in November and December are 360,000 tonnes and 450,000 tonnes respectively, which is basically normal, besides, material supply for the moment is assured. Details for weekly stocks are shown as follows:
Area/Enterprise
|
Rapeseed stocks (unit:10,000 tonnes)
|
|
Week 47
|
Week 46
|
Fluctuation
|
Guangxi
|
9
|
11.7
|
-2.7
|
Guangdong
|
7.8
|
11.1
|
-3.3
|
Fujian
|
1.5
|
2.36
|
-0.86
|
Kerry, Yingkou
|
6.8
|
1
|
5.8
|
Jiangsu
|
6.45
|
7.45
|
-1
|
Total
|
31.55
|
33.61
|
-2.06
|
Fugure1: Comparison of domestic rapeseed stocks yearly
II. Stocks of rapeseed oil and amounts in outstanding contracts
Till November 24th, rapeseed oil stocks in regions have recovered to 372,500 tonnes by 3.96% from last week’s 358,300 tonnes, with a rise of 14,200 tonnes, and still up 20.75 % over the same period last year of 308,500 tonnes. Details for weekly stocks are shown as follows:
Area/Enterprise
|
Rapeseed oil stocks (unit:10,000 tonnes)
|
|
Week 47
|
Week 46
|
Fluctuation
|
Guangxi
|
4.25
|
4
|
0.25
|
Guangdong
|
2.91
|
2.57
|
0.34
|
Fujian
|
2.53
|
2.45
|
0.08
|
Kerry, Yingkou
|
0.65
|
0.8
|
-0.15
|
East China
|
26.91
|
26.81
|
0.1
|
Total
|
37.25
|
36.63
|
0.62
|
Figure2: Comparison of domestic rapeseed oil stocks yearly
III. Coastal stocks of rapeseed meal and amounts in outstanding contracts
Till November 24th, national rapeseed meal stocks have raised to 50,500 tonnes by 43.06% from last week’s 35,300 tonnes, with a rise of 15,200 tonnes, while stocks of rapeseed meal the same period of last year are 1,000 tonnes. Details for weekly stocks are shown as follows:
Area/Enterprise
|
Rapeseed meal stocks (unit:10,000 tonnes)
|
|
Week 47
|
Week 46
|
Fluctuation
|
Guangxi
|
1.8
|
1.6
|
0.2
|
Guangdong
|
1.1
|
0.3
|
0.8
|
Fujian
|
1.45
|
1.13
|
0.32
|
Kerry, Yingkou
|
0
|
0
|
0
|
Jiangsu
|
0.7
|
0.5
|
0.2
|
Total
|
5.05
|
3.53
|
1.52
|
Figure3: Comparison of domestic rapeseed meal stocks yearly