I. Stocks, arrivals and machine operation of rapeseed
Till December 15th this week, coastal stocks of imported rapeseed have plunged to 381,000 tonnes by 10.98% from last week’s 428,000 tonnes with a reduction of 47,000 tonnes, while the import figure is 21.73% higher than the same period last year of 313,000 tonnes. While total rapeseed stocks in such regions as Guangxi, Guangdong and Fujian have plummeted to 254,000 tonnes by 9.93% against 282,000 tonnes last week, but still up 38.04% over the same period in the former year of 184,000 tonnes. Port arrivals of rapeseed in December and January are 420,000 tonnes and 360,000 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 (unit：10,000 tonnes）
|
Week 50
|
Week 49
|
Fluctuation
|
Guangxi
|
12.7
|
13.4
|
-0.7
|
Guangdong
|
7.7
|
9
|
-1.3
|
Fujian
|
5
|
5.8
|
-0.8
|
Kerry, Yingkou
|
4.5
|
4.5
|
0
|
Jiangsu
|
8.2
|
10.1
|
-1.9
|
Total
|
38.1
|
42.8
|
-4.7
|
Fugure1: Comparison of domestic rapeseed stocks yearly
II. Stocks of rapeseed oil and amounts in outstanding contracts
Till December 15th this week, rapeseed oil stocks in regions have trimmed to 334,400 tonnes by 4.73% from last week’s 351,000 tonnes, with a drop of 16,600 tonnes, but the figure is 17% higher than the corresponding period last year of 285,800 tonnes. Details for weekly stocks are shown as follows:
Area/Enterprise
|
Rapeseed oil stocks (unit：10,000 tonnes）
|
|
Week 50
|
Week 49
|
Fluctuation
|
Guangxi
|
2.8
|
3
|
-0.2
|
Guangdong
|
2.47
|
2.6
|
-0.13
|
Fujian
|
2.2
|
2.28
|
-0.08
|
Kerry, Yingkou
|
0.8
|
1
|
-0.2
|
East China
|
25.17
|
26.22
|
-1.05
|
Total
|
33.44
|
35.1
|
-1.66
|
Figure2: Comparison of domestic rapeseed oil stocks yearly
III. Coastal stocks of rapeseed meal and amounts in outstanding contracts
Till December 15th this week, national rapeseed meal stocks have lessened slightly to 57,800 tonnes by 6.77% from last week’s 62,000 tonnes, with a decline of 4,200 tonnes, while stocks of rapeseed meal the same period of last year are only pegged at 3,800 tonnes. Details for weekly stocks are shown as follows:
Area/Enterprise
|
Rapeseed meal stocks (unit：10,000 tonnes）
|
|
Week 50
|
Week 49
|
Fluctuation
|
Guangxi
|
0.75
|
1.2
|
-0.45
|
Guangdong
|
1.5
|
1.5
|
0
|
Fujian
|
2.35
|
2.3
|
0.05
|
Kerry, Yingkou
|
0
|
0.3
|
-0.3
|
Jiangsu
|
1.18
|
0.9
|
0.28
|
Total
|
5.78
|
6.2
|
-0.42
|
Figure3: Comparison of domestic rapeseed meal stocks yearly
