I. Stocks, arrivals and machine operation of rapeseed
Till March 9th this week, coastal stocks of imported rapeseed have accumulated from 681,000 tonnes to 696,000 tonnes on the week with 2.2% or 15,000 tonnes higher factored in rapeseed arrivals and relatively low processing capacity, and correspondingly, the figure is up 12.4% from 619,000 tonnes on a year-on-year basis. While total rapeseed stocks in such regions as Guangxi, Guangdong and Fujian have also increased to 530,000 tonnes from 521,000 tonnes by 1.73% and it is up 10.42% as compared to 480,000 tonnes year on year. Port arrivals of rapeseed in March of year 2018 are estimated to be normal-- around 390,000 tonnes. 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 10
|
Week 9
|
Variation
|
Guangxi
|
26.6
|
23.5
|
3.1
|
Guangdong
|
14.9
|
16
|
-1.1
|
Fujian
|
11.5
|
12.6
|
-1.1
|
Kerry, Yingkou
|
9
|
6.8
|
2.2
|
Jiangsu
|
7.6
|
9.2
|
-1.6
|
Total
|
69.6
|
68.1
|
1.5
|
Fugure1: Comparison of domestic rapeseed stocks yearly
II. Stocks of rapeseed oil and amounts in outstanding contracts
Till March 9th this week, rapeseed oil stocks in regions have shriveled to 189,600 tonnes from 207,000 tonnes last week by 8.41% and 17,400 tonnes below, and the figure is also down 53.3% from the corresponding week last year of 406,000 tonnes. Details for weekly stocks are shown as follows:
Area/Enterprise
|
Rapeseed oil stocks (unit：10,000 tonnes）
|
|
Week 10
|
Week 9
|
Variation
|
Guangxi
|
2.31
|
2.4
|
-0.09
|
Guangdong
|
0.6
|
1.35
|
-0.75
|
Fujian
|
0.3
|
0.3
|
0
|
Kerry, Yingkou
|
0.7
|
0.4
|
0.3
|
East China
|
15.05
|
16.25
|
-1.2
|
Total
|
18.96
|
20.7
|
-1.74
|
Figure2: Comparison of domestic rapeseed oil stocks yearly
III. Coastal stocks of rapeseed meal and amounts in outstanding contracts
Till March 9th this week, national rapeseed meal stocks have seen rising as compared to last week, generally, stocks increase to 54,600 tonnes from 53,000 tonnes last week, rising by 3.02% and 1,600 tonnes above, and its stocks are still up 17.65% as compared to 66,300 tonnes year on year. Details for weekly stocks are shown as follows:
Area/Enterprise
|
Rapeseed meal stocks (unit：10,000 tonnes）
|
Week 10
|
Week 9
|
Variation
|
Guangxi
|
2.4
|
2.2000
|
0.2
|
Guangdong
|
0.4
|
0.9000
|
-0.5
|
Fujian
|
1.46
|
1.4000
|
0.06
|
Kerry, Yingkou
|
0.3
|
0
|
0.3
|
Jiangsu
|
0.9
|
0.8000
|
0.1
|
Total
|
5.46
|
5.3
|
0.16
|
Figure3: Comparison of domestic rapeseed meal stocks yearly
