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China’s Rapeseed Crush Weekly (Week 24, 2018)

2018-06-19 www.cofeed.com

    As operation rate of rapeseed processing rise substantially in coastal oil mills this week (week 24 of 2018, June 9th- 15th), rapeseed crush of 101 oil mills counted in the national survey surges to 111,740 tonnes from 84,740 tonnes last week, up 27,000 tonnes by 31.86%. Meantime the operation rate for rapeseed crush this week (capacity utilization) comes into at 22.3% vis-a-vis 16.91% last week, among which the operation rate of domestic rapeseed still rises to 2.14% and that of imported rapeseed in coastal processing mills jumps to 51.33% from 38.26% last week. Notably, rapeseed crush next week will fractionally decline to 100,000 tonnes or 90,000 tonnes when some crushers turn to soybean crushing.


        Figure 1: Rapeseed Weekly Crush in China (Week 1, 2016- Week 24, 2018)


      Figure 2: Rapeseed Operating Rate in China (Week 1, 2014- Week 24, 2018)