I. Stocks, arrivals and machine operation of rapeseed
Coastal stockpiles of imported rapeseed is lowered by 9.65% to 618,000 tonnes ended on July 20th, about 66,000 tonnes below 684,000 tonnes attained last week, and vis-a-vis 622,500 tonnes year on year, it is also down 0.72%. Correspondingly, rapeseed stockpiles in such regions as Guangxi, Guangdong and Fujian are cut to 502,000 tonnes, down 6.86% compared to 539,000 tonnes, but up 18.12% from 425,000 tonnes year on year. Latest port arrivals of rapeseed in July of year 2018, according to Cofeed’s investigation, will probably stay at 606,000 tonnes and approximately 360,000 tonnes in August. 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 29
|
Week 28
|
Variation
|
Guangxi
|
24.1
|
22
|
2.1
|
Guangdong
|
17.7
|
23.5
|
-5.8
|
Fujian
|
8.4
|
8.4
|
0
|
Kerry, Yingkou
|
2
|
3.9
|
-1.9
|
Jiangsu
|
9.6
|
10.6
|
-1
|
Total
|
61.8
|
68.4
|
-6.6
|
Figure 1: Comparison of domestic rapeseed stocks yearly
II. Stocks of rapeseed oil and amounts in outstanding contracts
Till July 20th this week, rapeseed oil stocks nationwide have risen to 490,000 tonnes, about 14.2% or 61,000 tonnes higher than 429,000 tonnes attained last week. Nonetheless, vis-a-vis 501,500 tonnes on a year-on-year basis, it is still down 2.3%. Details for weekly stocks are shown as follows:
Area/Enterprise
|
Rapeseed Oil Stocks (0’000 tonnes)
|
|
Week 29
|
Week 28
|
Variation
|
Guangxi
|
6.4
|
5.9
|
0.5
|
Guangdong
|
3.3
|
2.9
|
0.4
|
Fujian
|
1.4
|
1.6
|
-0.2
|
Kerry, Yingkou
|
1.8
|
1.1
|
0.7
|
East China
|
36.1
|
31.4
|
4.7
|
Total
|
49
|
42.9
|
6.1
|
Figure 2: Comparison of domestic rapeseed oil stocks yearly
III. Coastal stocks of rapeseed meal and amounts in outstanding contracts
National rapeseed meal stockpiles this week ended on July 20th, climb to 36,000 tonnes, generally up 9,900 tonnes by 37.9% from 26,100 tonnes on the week, and as compared with 62,500 tonnes on a year-on-year basis, it is otherwise down 42.4%. Details for weekly stocks are shown as follows:
Area/Enterprise
|
Rapeseed Meal Stocks (0’000 tonnes)
|
|
Week 29
|
Week 28
|
Variation
|
Guangxi
|
1.9
|
1.6
|
0.3
|
Guangdong
|
0.9
|
0.41
|
0.49
|
Fujian
|
0
|
0
|
0
|
Kerry, Yingkou
|
0.6
|
0.2
|
0.4
|
Jiangsu
|
0.2
|
0.4
|
-0.2
|
Total
|
3.6
|
2.61
|
0.99
|
Figure 3: Comparison of domestic rapeseed meal stocks yearly
