I. Stocks, arrivals and machine operation of rapeseed
Coastal stockpiles of imported rapeseed recover to 649,000 tonnes ended on July 27th, a growth of 31,000 tonnes or 5.02% compared to 618,000 tonnes attained last week, and vis-a-vis 550,000 tonnes year on year, it is also up 18%. Correspondingly, rapeseed stockpiles in such regions as Guangxi, Guangdong and Fujian accumulate to 547,000 tonnes, up 8.9% from 502,000 tonnes on the week and up 45.9% from 375,000 tonnes on the year. Latest port arrivals of rapeseed in July of year 2018, according to Cofeed’s investigation, will probably stay at 495,000 tonnes and approximately 480,000 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 30
|
Week 29
|
Variation
|
Guangxi
|
20.5
|
24.1
|
-3.6
|
Guangdong
|
26.2
|
17.7
|
8.5
|
Fujian
|
8
|
8.4
|
-0.4
|
Kerry, Yingkou
|
2
|
2
|
0
|
Jiangsu
|
8.2
|
9.6
|
-1.4
|
Total
|
64.9
|
61.8
|
3.1
|
Figure 1: Comparison of domestic rapeseed stocks yearly
II. Stocks of rapeseed oil and amounts in outstanding contracts
Till July 27th this week, rapeseed oil stocks nationwide have been cut to 484,200 tonnes, about 1.84% or 5,800 tonnes lower than 490,000 tonnes tonnes attained last week. Nonetheless, vis-a-vis 492,300 tonnes on a year-on-year basis, it is also down 1.6%. Details for weekly stocks are shown as follows:
Area/Enterprise
|
Rapeseed Oil Stocks
(0’000 tonnes)
|
|
Week 30
|
Week 29
|
Variation
|
Guangxi
|
6.3
|
6.4
|
-0.01
|
Guangdong
|
3.82
|
3.3
|
0.52
|
Fujian
|
1.3
|
1.4
|
-0.1
|
Kerry, Yingkou
|
1.6
|
1.8
|
-0.2
|
East China
|
35.4
|
36.1
|
-0.7
|
Total
|
48.42
|
49
|
-0.58
|
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 27th, climb to 39,500 tonnes from 36,000 tonnes, generally up 3,500 tonnes by 9.7% on the week, and as compared with 48,500 tonnes on a year-on-year basis, it is otherwise down 18.5%. Details for weekly stocks are shown as follows:
Area/Enterprise
|
Rapeseed Meal Stocks
(0’000 tonnes)
|
|
Week 30
|
Week 29
|
Variation
|
Guangxi
|
2.3
|
1.9
|
0.4
|
Guangdong
|
1.2
|
0.9
|
0.3
|
Fujian
|
0
|
0
|
0
|
Kerry, Yingkou
|
0.1
|
0.6
|
-0.5
|
Jiangsu
|
0.35
|
0.2
|
0.15
|
Total
|
3.95
|
3.6
|
0.35
|
Figure 3: Comparison of domestic rapeseed meal stocks yearly
