The operation rate of rapeseed processing ratchets up in coastal oil mills this week (week 16 of 2018, Apr. 14th- 20th). Rapeseed crush of 101 oil mills counted in the national survey generally rises to 72,150 tonnes from 50,150 tonnes attained in last week by 43.9% or 22,000 tonnes higher. Meantime the operation rate for rapeseed crush this week (capacity utilization) comes into at 14.4%, up from 10.01% last week, among which the operation rate of domestic rapeseed still stays at 1.17% and that of imported rapeseed in coastal processing mills increases from 22.76% to 33.41%. Generally, rapeseed crush may probably recover to 76,000 tonnes and 93,000 tonnes or so in the following two weeks on account of rapeseed arrivals.

 

                 Figure 1: Rapeseed Operating Rate in China (Week 1, 2014- Week 16, 2018)

              Figure 2: Rapeseed Weekly Crush in China (Week 1, 2016- Week 16, 2018)