Stocks of Rapeseed, Rapeseed Oil and Meal in Coastal Areas and East China（Week 11, 2018）

2018-03-20 www.cofeed.com

I. Stocks, arrivals and machine operation of rapeseed

Till March 16th this week, coastal stocks of imported rapeseed have downsized to 570,000 tonnes from 696,000 tonnes on the week with 18.1% or 126,000 tonnes lower, and correspondingly, the figure is down 3.6% from 591,000 tonnes on a year-on-year basis. While total rapeseed stocks in such regions as Guangxi, Guangdong and Fujian have also decreased to 440,000 tonnes from 530,000 tonnes last week by 16.98% and it is down 8.14% as compared to 479,000 tonnes year on year. Port arrivals of rapeseed in March of year 2018 are estimated to be normal-- around 330,000 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）
Area/Enterprise	Week 11	Week 10	Variation
Guangxi	22.6	26.6	-4
Guangdong	11.6	14.9	-3.3
Fujian	9.8	11.5	-1.7
Kerry, Yingkou	7	9	-2
Jiangsu	6	7.6	-1.6
Total	57	69.6	-12.6

Fugure1: Comparison of domestic rapeseed stocks yearly

II. Stocks of rapeseed oil and amounts in outstanding contracts

Till March 16th this week, rapeseed oil stocks in regions have accumulated to 230,700 tonnes from 189,600 tonnes last week by 21.68% and 41,100 tonnes higher, but the figure is down 45.14% from the corresponding week last year of 420,500 tonnes. Details for weekly stocks are shown as follows:

Area/Enterprise	Rapeseed Oil Stocks (unit：10,000 tonnes）
Area/Enterprise	Week 11	Week 10	Variation
Guangxi	2.68	2.31	0.37
Guangdong	1.05	0.6	0.45
Fujian	0.4	0.3	0.1
Kerry, Yingkou	1.2	0.7	0.5
East China	17.74	15.05	2.69
Total	23.07	18.96	4.11

Figure2: Comparison of domestic rapeseed oil stocks yearly

III. Coastal stocks of rapeseed meal and amounts in outstanding contracts

Till March 16th this week, national rapeseed meal stocks rise further, generally, stocks increase to 69,000 tonnes from 54,600 tonnes last week, rising by 26.37% and 14,400 tonnes above, but its stocks are down 6.76% as compared to 74,000 tonnes year on year. Details for weekly stocks are shown as follows:

Area/Enterprise	Rapeseed Meal Stocks (unit：10,000 tonnes）
	Week 11	Week 10	Variation
Guangxi	3.1	2.4	0.7
Guangdong	0.6	0.4	0.2
Fujian	1.5	1.46	0.04
Kerry, Yingkou	0.7	0.3	0.4
Jiangsu	1	0.9	0.1
Total	6.9	5.46	1.44

Figure3: Comparison of domestic rapeseed meal stocks yearly

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