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Investigation report on stocks of rapeseed, rapeseed oil and meal in coastal areas and East China(week 49)

2017-12-11 www.cofeed.com
I. Stocks, arrivals and machine operation of rapeseed
    Till December 8th this week, coastal stocks of imported rapeseed have climbed to 428,000 tonnes by 3.01% from last week’s 415,500 tonnes with a rise of 12,500 tonnes for some rapeseed arrivals at ports, but the import figure is 5.52% lower than the same period last year of 453,000 tonnes. While total rapeseed stocks in such regions as Guangxi, Guangdong and Fujian have plummeted to 282,000 tonnes by 10.48% against 315,000 tonnes last week, but still up 21.55% over the same period in the previous year of 233,000 tonnes. Port arrivals of rapeseed in November and December are 365,000 tonnes and 390,000 tonnes respectively, which is basically in normal level, in addition, material supply for the moment is assured. Details for weekly stocks are shown as follows:

Area/Enterprise 

Rapeseed stocks (unit10,000 tonnes

Week 49

Week 48

Fluctuation

Guangxi

13.4

13.4

0

Guangdong

9

11.3

-2.3

Fujian

5.8

6.8

-1

Kerry, Yingkou

4.5

4.6

-0.1

Jiangsu

10.1

5.45

4.65

Total

42.8

41.55

1.25


                             Fugure1: Comparison of domestic rapeseed stocks yearly

II. Stocks of rapeseed oil and amounts in outstanding contracts
    Till December 8th, rapeseed oil stocks in regions have trimmed to 351,000 tonnes by 4.36% from last week’s 367,000 tonnes, with a drop of 16,000 tonnes, but the figure is 31.95% higher than the same period last year of 266,000 tonnes. Details for weekly stocks are shown as follows:

Area/Enterprise

Rapeseed oil stocks (unit10,000 tonnes

Week 49

Week 48

Fluctuation

Guangxi

3

3.88

-0.88

Guangdong

2.6

2.9

-0.3

Fujian

2.28

2.41

-0.13

Kerry, Yingkou

1

1

0

East China

26.22

26.51

-0.29

Total

35.1

36.7

-1.6



                          Figure2: Comparison of domestic rapeseed oil stocks yearly
   
III. Coastal stocks of rapeseed meal and amounts in outstanding contracts
    Till December 8th, national rapeseed meal stocks have lessened slightly to 62,000 tonnes by 1.59% from last week’s 63,000 tonnes, with a decline of 1,000 tonnes, while stocks of rapeseed meal the same period of last year are 2,000 tonnes. Details for weekly stocks are shown as follows:

Area/Enterprise

Rapeseed meal stocks (unit10,000 tonnes

Week 49

Week 48

Fluctuation

Guangxi

1.2

2.2

-1

Guangdong

1.5

1.3

0.2

Fujian

2.3

1.7

0.6

Kerry, Yingkou

0.3

0.5

-0.2

Jiangsu

0.9

0.6

0.3

Total

6.2

6.3

-0.1



                     Figure3: Comparison of domestic rapeseed meal stocks yearly