I. Stocks, arrivals and machine operation of rapeseed
Till December 29th this week, coastal stocks of imported rapeseed have recovered to 360,000 tonnes by 13.92% from last week’s 316,000 tonnes with a rise of 44,000 tonnes, and the import figure is up 25.43% from the same period last year of 287,000 tonnes. While total rapeseed stocks in such regions as Guangxi, Guangdong and Fujian have accumulated to 274,000 tonnes by 33.01% against 206,000 tonnes last week, and up 44.97% from the same period in the previous year of 189,000 tonnes. Port arrivals of rapeseed in December and January (2018) are estimated to be 305,000 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:
Area/Enterprise
|
Rapeseed stocks (unit:10,000 tonnes)
|
|
Week 52
|
Week 51
|
Fluctuation
|
Guangxi
|
14.1
|
11.1
|
3
|
Guangdong
|
10.5
|
5.6
|
4.9
|
Fujian
|
2.8
|
3.9
|
-1.1
|
Kerry, Yingkou
|
3.8
|
4.5
|
-0.7
|
Jiangsu
|
4.8
|
6.5
|
-1.7
|
Total
|
36
|
31.6
|
4.4
|
Fugure1: Comparison of domestic rapeseed stocks yearly
II. Stocks of rapeseed oil and amounts in outstanding contracts
Till December 29th this week, rapeseed oil stocks in regions have trimmed to 287,600 tonnes by 6.9% from last week’s 308,900 tonnes, with a drop of 21,300 tonnes, and the figure is still down 3.33% from the corresponding period last year of 297,500 tonnes. Details for weekly stocks are shown as follows:
Area/Enterprise
|
Rapeseed oil stocks (unit:10,000 tonnes)
|
|
Week 52
|
Week 51
|
Fluctuation
|
Guangxi
|
2.34
|
1.75
|
0.59
|
Guangdong
|
1.2
|
1.82
|
-0.62
|
Fujian
|
1.5
|
2.2
|
-0.7
|
Kerry, Yingkou
|
0.4
|
0.6
|
-0.2
|
East China
|
23.32
|
24.52
|
-1.2
|
Total
|
28.76
|
30.89
|
-2.13
|
Figure2: Comparison of domestic rapeseed oil stocks yearly
III. Coastal stocks of rapeseed meal and amounts in outstanding contracts
Till December 29th this week, national rapeseed meal stocks have renewed to 67,300 tonnes from last week’s 52,800 tonnes by 27.46%, with a rise of 14,500 tonnes, while stocks of rapeseed meal are up 155.89% from the same period last year of 26,300 tonnes. Details for weekly stocks are shown as follows:
Area/Enterprise
|
Rapeseed meal stocks (unit:10,000 tonnes)
|
|
Week 52
|
Week 51
|
Fluctuation
|
Guangxi
|
1.43
|
0.68
|
0.75
|
Guangdong
|
1.3
|
1.5
|
-0.2
|
Fujian
|
1.9
|
1.7
|
0.2
|
Kerry, Yingkou
|
0.2
|
0
|
0.2
|
Jiangsu
|
1.9
|
1.4
|
0.5
|
Total
|
6.73
|
5.28
|
1.45
|
Figure3: Comparison of domestic rapeseed meal stocks yearly