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Stocks of Rapeseed, Rapeseed Oil and Meal in Coastal Areas and East China(week 4, 2018)

2018-01-31 www.cofeed.com
I. Stocks, arrivals and machine operation of rapeseed
    Till January 26th this week, coastal stocks of imported rapeseed have accumulated to 413,000 tonnes from 409,000 tonnes last week with 0.98% or 4,000 tonnes higher, yet the figure is still down 2.4% from 423,000 tonnes on a year-on-year basis. While total rapeseed stocks in such regions as Guangxi, Guangdong and Fujian have increased from 307,000 tonnes last week to 310,000 tonnes by 0.98% and it is up 5.08% as compared to the same period in the previous year of 295,000 tonnes. Port arrivals of rapeseed in January of year 2018 are estimated to be 483,000 tonnes in a high 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 January 26th this week, rapeseed oil stocks in regions have lessened to 284,900 tonnes from last week’s 287,700 tonnes by 0.97%, or 2,800 tonnes less, and the figure is down 13.8% from the corresponding period last year of 330,500 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 January 26th this week, national rapeseed meal stocks have shriveled to 77,800 tonnes from 79,900 tonnes last week by 2.63% and 2,100 tonnes below last week, yet stocks are still up 37.68% from the same period last year of 55,700 tonnes. Details for weekly stocks are shown as follows:


                Figure3: Comparison of domestic rapeseed meal stocks yearly