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Investigation report on stocks of rapeseed, rapeseed oil and meal in coastal areas and East China(week 51)

2017-12-26 www.cofeed.com
I. Stocks, arrivals and machine operation of rapeseed
    Till December 22nd this week, coastal stocks of imported rapeseed have plunged to 316,000 tonnes by 17.06% from last week’s 381,000 tonnes with a reduction of 65,000 tonnes, while the import figure is 4.98% higher than the same period last year of 301,000 tonnes. While total rapeseed stocks in such regions as Guangxi, Guangdong and Fujian have plummeted to 206,000 tonnes by 18.9% against 254,000 tonnes last week, but still up 8.9% over the same period in the former year of 189,000 tonnes. Port arrivals of rapeseed in December and January (2018) are 300,000 tonnes and 420,000 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:

                        Fugure1: Comparison of domestic rapeseed stocks yearly
 
II. Stocks of rapeseed oil and amounts in outstanding contracts
    Till December 22nd this week, rapeseed oil stocks in regions have trimmed to 308,900 tonnes by 7.63% from last week’s 334,400 tonnes, with a drop of 25,500 tonnes, but the figure is 14% higher than the corresponding period last year of 271,000 tonnes. Details for weekly stocks are shown as follows:

                            Figure2: Comparison of domestic rapeseed oil stocks yearly

III. Coastal stocks of rapeseed meal and amounts in outstanding contracts
    Till December 22nd this week, national rapeseed meal stocks have lessened to 52,800 tonnes by 8.65% from last week’s 57,800 tonnes, with a decline of 5,000 tonnes, while stocks of rapeseed meal the same period of last year are only pegged at 10,000 tonnes. Details for weekly stocks are shown as follows:

                            Figure3: Comparison of domestic rapeseed meal stocks yearly