I. Stocks, arrivals and machine operation of rapeseed
Till March 30th this week, coastal stocks of imported rapeseed have increased to 459,000 tonnes from 456,000 tonnes on the week by 0.66% and 30,000 tonnes higher, but beyond doubt, the figure is still down 11.56% from 519,000 tonnes on a year-on-year basis. While total rapeseed stocks in such regions as Guangxi, Guangdong and Fujian have also increased to 347,000 tonnes from 336,000 tonnes by 3.27%, yet it is down 18.54% as opposed to 426,000 tonnes year on year. Latest port arrivals of rapeseed in March and April of year 2018 are anticipated to be normal-- around 215,000 tonnes in March and 540,000 tonnes in April. 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 13
|
Week 12
|
Variation
|
Guangxi
|
15.2
|
17.1
|
-1.9
|
Guangdong
|
13
|
8.5
|
4.5
|
Fujian
|
6.5
|
8
|
-1.5
|
Kerry, Yingkou
|
7
|
7
|
0
|
Jiangsu
|
4.2
|
5
|
-0.8
|
Total
|
45.9
|
45.6
|
0.3
|
Fugure 1: Comparison of domestic rapeseed stocks yearly
II. Stocks of rapeseed oil and amounts in outstanding contracts
Till March 30th this week, rapeseed oil stocks in regions have accumulated to 306,600 tonnes from 304,100 tonnes last week by 0.82% and 2,500 tonnes above, but the figure is still down 21.38% from the corresponding week last year of 390,000 tonnes. Details for weekly stocks are shown as follows:
Area/Enterprise
|
Rapeseed oil stocks (unit:10,000 tonnes)
|
|
Week 13
|
Week 12
|
Variation
|
Guangxi
|
4
|
3.5
|
0.5
|
Guangdong
|
2.09
|
1.4
|
0.69
|
Fujian
|
0.5
|
0.39
|
0.11
|
Kerry, Yingkou
|
0.3
|
0.5
|
-0.2
|
East China
|
23.77
|
24.62
|
-0.85
|
Total
|
30.66
|
30.41
|
0.25
|
Figure 2: Comparison of domestic rapeseed oil stocks yearly
III. Coastal stocks of rapeseed meal and amounts in outstanding contracts
Till March 30th this week, national rapeseed meal stocks have seen falling as opposed to last week, generally, stocks plunge to 64,000 tonnes from 71,800 tonnes last week, falling 10.86% or 2,800 tonnes, yet its stocks are still up 3.2% from 62,000 tonnes year on year. Details for weekly stocks are shown as follows:
Area/Enterprise
|
Rapeseed meal stocks (unit:10,000 tonnes)
|
Week 13
|
Week 12
|
Variation
|
Guangxi
|
4.2
|
4
|
0.2
|
Guangdong
|
0.5
|
0.95
|
-0.45
|
Fujian
|
1.2
|
1.33
|
-0.13
|
Kerry, Yingkou
|
0
|
0.2
|
-0.2
|
Jiangsu
|
0.5
|
0.7
|
-0.2
|
Total
|
6.4
|
7.18
|
-0.78
|
Figure 3: Comparison of domestic rapeseed meal stocks yearly