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Stocks of Rapeseed, Rapeseed Oil and Meal in Coastal Areas and East China(Week 14, 2018)

2018-04-10 www.cofeed.com
I. Stocks, arrivals and machine operation of rapeseed
    Till April 6th this week, coastal stocks of imported rapeseed have further risen to 503,000 tonnes, up 44,000 tonnes or 9.6% from 459,000 tonnes on the week, yet the figure is still down 10.02% from 559,000 tonnes on a year-on-year basis. While total rapeseed stocks in such regions as Guangxi, Guangdong and Fujian are also up to 360,000 tonnes from 347,000 tonnes last week by 3.75%, but down 26.9% as opposed to 493,000 tonnes year on year. Latest port arrivals of rapeseed in April are anticipated to be around 540,000 tonnes. In addition, material supply for the moment is assured. Details for weekly stocks are shown as follows:

Area/Enterprise

Rapeseed stocks (unit10,000 tonnes

Week 14

Week 13

Variation

Guangxi

20

15.2

4.8

Guangdong

11.4

13

-1.6

Fujian

4.6

6.5

-1.9

Kerry, Yingkou

5.3

7

-1.7

Jiangsu

9

4.2

4.8

Total

50.3

45.9

4.4



                         Fugure 1: Comparison of domestic rapeseed stocks yearly

II. Stocks of rapeseed oil and amounts in outstanding contracts 

    Till April 6th this week, rapeseed oil stocks in regions have shriveled to 282,600 tonnes from 306,600 tonnes last week by 7.83% and 24,000 tonnes below, and it is also down 31.24% from the corresponding week last year of 411,000 tonnes. Details for weekly stocks are shown as follows:


Area/Enterprise

Rapeseed oil stocks (unit10,000 tonnes

 

Week 14

Week 13

Variation

Guangxi

3.1

4

-0.9

Guangdong

1.69

2.09

-0.4

Fujian

1.15

0.5

0.65

Kerry, Yingkou

0.8

0.3

0.5

East China

21.52

23.77

-2.25

Total

28.26

30.66

-2.4



                    Figure 2: Comparison of domestic rapeseed oil stocks yearly

III. Coastal stocks of rapeseed meal and amounts in outstanding contracts
    Till April 6th this week, national rapeseed meal stocks have seen rising as opposed to last week, generally, stocks ratchet up to 64,500 tonnes from 64,000 tonnes last week, rising by 0.78% or 500 tonnes, and its stocks are also up 10.63% from 58,300 tonnes year on year. Details for weekly stocks are shown as follows:

Area/Enterprise

Rapeseed meal stocks (unit10,000 tonnes

 

Week 14

Week 13

Variation

Guangxi

2.4

4.2

-1.8

Guangdong

0.9

0.5

0.4

Fujian

1.65

1.2

0.45

Kerry, Yingkou

0.9

0

0.9

Jiangsu

0.6

0.5

0.1

Total

6.45

6.4

0.05



                   Figure 3: Comparison of domestic rapeseed meal stocks yearly