I. Stocks, arrivals and machine operation of rapeseed
Till April 27th this week, coastal stockpiles of imported rapeseed have been pegged at 629,000 tonnes, up 38,000 tonnes by 6.43% from 591,000 tonnes on the week, meantime the figure is also up 55.28% from 402,500 tonnes on a year-on-year basis. While rapeseed stockpiles in such regions as Guangxi, Guangdong and Fujian total 481,000 tonnes, growing by 13.7% from 423,000 tonnes last week, and rising by 53.7% compared with 313,000 tonnes year on year. Latest port arrivals of rapeseed in April of year 2018, according to Cofeed’s investigation are estimated to be around 553,000 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 (0’000 tonnes)
|
|
Week 17
|
Week 16
|
Variation
|
Guangxi
|
26.7
|
16.8
|
9.9
|
Guangdong
|
12.3
|
15.7
|
-3.4
|
Fujian
|
9.1
|
9.8
|
-0.7
|
Kerry, Yingkou
|
4
|
4
|
0
|
Jiangsu
|
10.8
|
12.8
|
-2
|
Total
|
62.9
|
59.1
|
3.8
|
Figure 1: Comparison of domestic rapeseed stocks yearly
II. Stocks of rapeseed oil and amounts in outstanding contracts
Till April 27th this week, rapeseed oil stocks in regions have decreased to 283,400 tonnes from 295,700 tonnes last week, down 12,300 tonnes by 4.15%. Otherwise, it is still down 33.05% from the corresponding week last year of 423,300 tonnes. Details for weekly stocks are shown as follows:
Area/Enterprise
|
Rapeseed O Stocks (0’000 tonnes)
|
|
Week 17
|
Week 16
|
Variation
|
Guangxi
|
3.4
|
3.35
|
0.05
|
Guangdong
|
1.3
|
1
|
0.3
|
Fujian
|
0.45
|
0.7
|
-0.25
|
Kerry, Yingkou
|
0.5
|
0.6
|
-0.1
|
East China
|
22.69
|
23.92
|
-1.23
|
Total
|
28.34
|
29.57
|
-1.23
|
Figure 2: Comparison of domestic rapeseed oil stocks yearly
III. Coastal stocks of rapeseed meal and amounts in outstanding contracts
Till April 27th this week, national rapeseed meal stockpiles have downsized to 45,000 tonnes from 51,800 tonnes last week, generally down 6,800 tonnes by 13.13%, and it is also down 38.5% if compared with 73,200 tonnes year on year. Details for weekly stocks are shown as follows:
Area/Enterprise
|
Rapeseed Meal Stocks (0’000 tonnes)
|
|
Week 17
|
Week 16
|
Variation
|
Guangxi
|
1.8
|
2.3
|
-0.5
|
Guangdong
|
0.7
|
0.18
|
0.52
|
Fujian
|
1
|
1.1
|
-0.1
|
Kerry, Yingkou
|
0.1
|
0.8
|
-0.7
|
Jiangsu
|
0.9
|
0.8
|
0.1
|
Total
|
4.5
|
5.18
|
-0.68
|
Figure 3: Comparison of domestic rapeseed meal stocks yearly
