I. Stocks, arrivals and machine operation of rapeseed
Till April 13th this week, coastal stockpiles of imported rapeseed have further increased to 537,000 tonnes, up 34,000 tonnes or 6.76% from 503,000 tonnes on the week, meantime the figure is also up 2.52% from 516,000 tonnes on a year-on-year basis. While total rapeseed stockpiles in such regions as Guangxi, Guangdong and Fujian amount to 407,000 tonnes, up from 360,000 tonnes last week by 13.06%, but down 2.98% as opposed to 419,500 tonnes year on year. Latest port arrivals of rapeseed in April are anticipated to be around 600,000 tonnes and approximately 300,000 tonnes in May. 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 15
|
Week 14
|
Variation
|
Guangxi
|
19.1
|
20
|
-0.9
|
Guangdong
|
17.4
|
11.4
|
6
|
Fujian
|
4.2
|
4.6
|
-0.4
|
Kerry, Yingkou
|
4
|
5.3
|
-1.3
|
Jiangsu
|
9
|
9
|
0
|
Total
|
53.7
|
50.3
|
3.4
|
Fugure 1: Comparison of domestic rapeseed stocks yearly
II. Stocks of rapeseed oil and amounts in outstanding contracts
Till April 13th this week, rapeseed oil stocks in regions have risen to 283,100 tonnes from 282,600 tonnes last week, slightly up 500 tonnes by 0.18%. Otherwise, it is still down 35.4% from the corresponding week last year of 438,000 tonnes. Details for weekly stocks are shown as follows:
Area/Enterprise
|
Rapeseed Oil Stocks (unit：10,000 tonnes）
|
Week 15
|
Week 14
|
Variation
|
Guangxi
|
3.09
|
3.1
|
-0.01
|
Guangdong
|
1.1
|
1.69
|
-0.59
|
Fujian
|
0.7
|
1.15
|
-0.45
|
Kerry, Yingkou
|
1
|
0.8
|
0.2
|
E China
|
22.42
|
21.52
|
0.9
|
Total
|
28.31
|
28.26
|
0.05
|
Figure 2: Comparison of domestic rapeseed oil stocks yearly
III. Coastal stocks of rapeseed meal and amounts in outstanding contracts
Till April 13th this week, national rapeseed meal stockpiles have decreased to 55,000 tonnes from 64,000 tonnes last week, generally down 9,500 tonnes by 79.7%, and it is also down 13.1% if compared with 63,300 tonnes year on year. Details for weekly stocks are shown as follows:
Area/Enterprise
|
Rapeseed Meal Stocks (unit：10,000 tonnes）
|
|
Week 15
|
Week 14
|
Variation
|
Guangxi
|
2
|
2.4
|
-0.4
|
Guangdong
|
0.4
|
0.90
|
-0.5
|
Fujian
|
1.5
|
1.65
|
-0.15
|
Kerry, Yingkou
|
1.1
|
0.9
|
0.2
|
Jiangsu
|
0.5
|
0.6
|
-0.1
|
Total
|
5.5
|
6.45
|
-0.95
|
Figure 3: Comparison of domestic rapeseed meal stocks yearly
