I. Stocks, arrivals and machine operation of rapeseed
Till January 19th this week, coastal stocks of imported rapeseed have sagged from 437,000 tonnes (revision) last week to 409,000 tonnes with 6.41% or 28,000 tonnes lower, but the figure is still up 7.5% from 325,000 tonnes on the year. While total rapeseed stocks in such regions as Guangxi, Guangdong and Fujian have shriveled from 327,000 tonnes (revision) last week to 307,000 tonnes by 6.12% and it is down 18.9% from the same period in the previous year of 258,000 tonnes. Port arrivals of rapeseed in January of year 2018 are estimated to be 480,000 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 3
|
Week 2
|
Fluctuation
|
Guangxi
|
11.4
|
13.1
|
-1.7
|
Guangdong
|
10.7
|
12.6
|
-1.9
|
Fujian
|
8.6
|
7
|
1.6
|
Kerry, Yingkou
|
8.2
|
8.2
|
0
|
Jiangsu
|
2
|
2.8
|
-0.8
|
Total
|
40.9
|
43.7
|
-2.8
|
Fugure1: Comparison of domestic rapeseed stocks yearly
II. Stocks of rapeseed oil and amounts in outstanding contracts
Till January 19th this week, rapeseed oil stocks in regions have lessened to 287,700 tonnes from last week’s 271,500 tonnes by 5.97%, or 16,200 tonnes less, and the figure is down 10.15% from the corresponding period last year of 320,200 tonnes. Details for weekly stocks are shown as follows:
Area/Enterprise
|
Rapeseed oil stocks (unit:10,000 tonnes)
|
|
Week 3
|
Week 2
|
Fluctuation
|
Guangxi
|
2.8
|
2.8
|
0
|
Guangdong
|
1
|
1.18
|
-0.18
|
Fujian
|
1.5
|
1.5
|
0
|
Kerry, Yingkou
|
0.2
|
0.3
|
-0.1
|
East China
|
23.27
|
21.37
|
1.9
|
Total
|
28.77
|
27.15
|
1.62
|
Figure2: Comparison of domestic rapeseed oil stocks yearly
III. Coastal stocks of rapeseed meal and amounts in outstanding contracts
Till January 19th this week, national rapeseed meal stocks have downsized to 79,900 tonnes from 94,500 tonnes last week by 15.45% and 14,600 tonnes below last week, yet stocks are still up 69.28% from the same period last year of 47,200 tonnes. Details for weekly stocks are shown as follows:
Area/Enterprise
|
Rapeseed meal stocks (unit:10,000 tonnes)
|
|
Week 3
|
Week 2
|
Fluctuation
|
Guangxi
|
1.69
|
2.65
|
-0.96
|
Guangdong
|
1.8
|
1.8
|
0
|
Fujian
|
2.45
|
2.6
|
-0.15
|
Kerry, Yingkou
|
0.1
|
0.3
|
-0.2
|
Jiangsu
|
1.95
|
2.1
|
-0.15
|
Total
|
7.99
|
9.45
|
-1.46
|
Figure3: Comparison of domestic rapeseed meal stocks yearly