I. Stocks, arrivals and machine operation of rapeseed
Till April 20th this week, coastal stockpiles of imported rapeseed have further risen to 591,000 tonnes, up 54,000 tonnes or 10.06% from 537,000 tonnes on the week, meantime the figure is also up 26.6% from 467,000 tonnes on a year-on-year basis. While rapeseed stockpiles in such regions as Guangxi, Guangdong and Fujian amount to 423,000 tonnes, up from 407,000 tonnes last week by 3.93%, and up 7.09% as opposed to 395,000 tonnes year on year. Latest port arrivals of rapeseed in April are estimated to be around 543,000 tonnes and approximately 360,000 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 16
|
Week 15
|
Variation
|
Guangxi
|
16.8
|
19.1
|
-2.3
|
Guangdong
|
15.7
|
17.4
|
-1.7
|
Fujian
|
9.8
|
4.2
|
5.6
|
Kerry, Yingkou
|
4
|
4
|
0
|
Jiangsu
|
12.8
|
9
|
3.8
|
Total
|
59.1
|
53.7
|
5.4
|
Figure 1: Comparison of domestic rapeseed stocks yearly
II. Stocks of rapeseed oil and amounts in outstanding contracts
Till April 20th this week, rapeseed oil stocks in regions have increased to 295,700 tonnes from 283,100 tonnes last week, up 12,600 tonnes by 4.45%. Otherwise, it is still down 32.5% 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 16
|
Week 15
|
Variation
|
Guangxi
|
3.35
|
3.09
|
0.26
|
Guangdong
|
1
|
1.1
|
-0.1
|
Fujian
|
0.7
|
0.7
|
0
|
Kerry, Yingkou
|
0.6
|
1
|
-0.4
|
East China
|
23.92
|
22.42
|
1.5
|
Total
|
29.57
|
28.31
|
1.26
|
Figure 2: Comparison of domestic rapeseed oil stocks yearly
III. Coastal stocks of rapeseed meal and amounts in outstanding contracts
Till April 20th this week, national rapeseed meal stockpiles have plummeted to 51,800 tonnes from 55,000 tonnes last week, generally down 3,200 tonnes by 5.82%, and it is also down 91.8% if compared with 62,000 tonnes year on year. Details for weekly stocks are shown as follows:
Area/Enterprise
|
Rapeseed Meal Stocks (unit：10,000 tonnes）
|
|
Week 16
|
Week 15
|
Variation
|
Guangxi
|
2.3
|
2
|
0.3
|
Guangdong
|
0.18
|
0.4
|
-0.22
|
Fujian
|
1.1
|
1.5
|
-0.4
|
Kerry, Yingkou
|
0.8
|
1.1
|
-0.3
|
Jiangsu
|
0.8
|
0.5
|
0.3
|
Total
|
5.18
|
5.5
|
-0.32
|
Figure 3: Comparison of domestic rapeseed meal stocks yearly
