Today is 12/22/2024

China’s Rapeseed Crush Weekly (Week 26, 2018)

2018-07-03 www.cofeed.com
    Subject to lowered rapeseed processing rate in coastal areas this week (week 26 of 2018, June 23rd- 29th), rapeseed crush of 101 oil mills counted in the national survey is further downsized to 86,740 tonnes by 21.67% from 110,740 tonnes last week, about 24,000 tonnes below by comparison. Meantime the operation rate for rapeseed crush this week (capacity utilization) also drops from 22.1% to 17.31% this week, among which the operation rate of domestic rapeseed still stabilizes at 2.14% and that of imported rapeseed in coastal processing mills otherwise falls to 39.23% from 50.36% last week. In general, rapeseed crush may probably recover to 90,000 in next week and even to 110,000 tonnes in the week after next after operation resumes.


              Figure 1: Rapeseed Operating Rate in China (Week 1, 2014- Week 26, 2018)


            Figure 2: Rapeseed Weekly Crush in China (Week 1, 2016- Week 26, 2018)