I. Stocks, arrivals and machine operation of rapeseed
Till January 12th this week, coastal stocks of imported rapeseed have sagged from 446,000 tonnes last week to 430,000 tonnes with 3.59% or 16,000 tonnes less, but the figure is still up 7.5% from 400,000 tonnes on the year. While total rapeseed stocks in such regions as Guangxi, Guangdong and Fujian have shriveled from 384,000 tonnes last week to 320,000 tonnes by 16.67% and it is down 3.03% from the same period in the previous year of 330,000 tonnes. Port arrivals of rapeseed in January of year 2018 are estimated to be 510,000 tonnes in a high 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 2
|
Week 1
|
Fluctuation
|
Guangxi
|
13.1
|
15.7
|
-2.6
|
Guangdong
|
12.6
|
15
|
-2.4
|
Fujian
|
6.3
|
7.7
|
-1.4
|
Kerry, Yingkou
|
8.2
|
2.2
|
6
|
Jiangsu
|
2.8
|
4
|
-1.2
|
Total
|
43
|
44.6
|
-1.6
|
Fugure1: Comparison of domestic rapeseed stocks yearly
II. Stocks of rapeseed oil and amounts in outstanding contracts
Till January 12th this week, rapeseed oil stocks in regions have lessened to 271,500 tonnes from last week’s 289,200 tonnes by 6.12%, or 17,700 tonnes less, and the figure is down 1.42% from the corresponding period last year of 275,400 tonnes. Details for weekly stocks are shown as follows:
Area/Enterprise
|
Rapeseed oil stocks (unit：10,000 tonnes）
|
|
Week 2
|
Week 1
|
Fluctuation
|
Guangxi
|
2.8
|
2.62
|
0.18
|
Guangdong
|
1.18
|
1.3
|
-0.12
|
Fujian
|
1.5
|
1.5
|
0
|
Kerry, Yingkou
|
0.3
|
0.6
|
-0.3
|
East China
|
21.37
|
22.9
|
-1.53
|
Total
|
27.15
|
28.92
|
-1.77
|
Figure2: Comparison of domestic rapeseed oil stocks yearly
III. Coastal stocks of rapeseed meal and amounts in outstanding contracts
Till January 12th this week, national rapeseed meal stocks have increased to 94,500 tonnes from 88,500 tonnes last week by 6.78%, or a rise of 6,000 tonnes, and stocks are surprisingly up 217.1% over the same period last year of 29,800 tonnes. Details for weekly stocks are shown as follows:
Area/Enterprise
|
Rapeseed meal stocks (unit：10,000 tonnes）
|
|
Week 2
|
Week 1
|
Fluctuation
|
Guangxi
|
2.65
|
2.6
|
0.05
|
Guangdong
|
1.8
|
1.4
|
0.4
|
Fujian
|
2.6
|
2.25
|
0.35
|
Kerry, Yingkou
|
0.3
|
0.8
|
-0.5
|
Jiangsu
|
2.1
|
1.8
|
0.3
|
Total
|
9.45
|
8.85
|
0.6
|
Figure3: Comparison of domestic rapeseed meal stocks yearly
