I. Stocks, arrivals and machine operation of rapeseed
Coastal stockpiles of imported rapeseed are up to 705,000 tonnes ended on Aug. 17th, a rise of 67,000 tonnes or 10.5% as compared to 638,000 tonnes attained last week, and up 47.8% vis-a-vis 477,000 tonnes year on year. Correspondingly, rapeseed stockpiles in such regions as Guangxi, Guangdong and Fujian also rise to 507,000 tonnes, about 6.9% higher than 474,000 tonnes on the week, yet 42.4% higher than 356,000 tonnes on the year. Latest port arrivals of rapeseed in August of year 2018, according to Cofeed’s investigation, will be revised upward to 490,000 tonnes and approximately 300,000 tonnes in September. 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 33
|
Week 32
|
Var.
|
Guangxi
|
17
|
20.7
|
-3.7
|
Guangdong
|
25.5
|
17.6
|
7.9
|
Fujian
|
8.2
|
9.1
|
-0.9
|
Kerry, Yingkou
|
7
|
7.8
|
-0.8
|
Jiangsu
|
12.8
|
8.6
|
4.2
|
Total
|
70.5
|
63.8
|
6.7
|
Figure 1: Comparison of domestic rapeseed stocks yearly
II. Stocks of rapeseed oil and amounts in outstanding contracts
Till Aug. 17th this week, rapeseed oil nationwide have been up to 532,300 tonnes in stocks, about 4.9% or 25,100 tonnes higher than 507,200 tonnes attained last week. Whereas, as compared to 555,600 tonnes on a year-on-year basis, it is otherwise down 4.2%. Details for weekly stocks are shown as follows:
Area/Enterprise
|
Rapeseed Oil Stocks (0’000 tonnes)
|
|
Week 33
|
Week 32
|
Var.
|
Guangxi
|
7.2
|
7
|
0.2
|
Guangdong
|
4.53
|
4.27
|
0.26
|
Fujian
|
1.8
|
1.75
|
0.05
|
Kerry, Yingkou
|
1.3
|
1
|
0.3
|
East China
|
38.4
|
36.7
|
1.7
|
Total
|
53.23
|
50.72
|
2.51
|
Figure 2: Comparison of domestic rapeseed oil stocks yearly
III. Coastal stocks of rapeseed meal and amounts in outstanding contracts
National rapeseed meal this week ended on Aug. 17th climb to 43,600 tonnes in stockpiles, generally up 2,700 tonnes from 40,900 tonnes last week by 6.6%, and it is also up 10.44% over 39,500 tonnes the prior year. Details for weekly stocks are shown as follows:
Area/Enterprise
|
Rapeseed Meal Stocks (0’000 tonnes)
|
|
Week 33
|
Week 32
|
Var.
|
Guangxi
|
2.04
|
1.84
|
0.2
|
Guangdong
|
1.42
|
1.5
|
-0.08
|
Fujian
|
0
|
0
|
0
|
Kerry, Yingkou
|
0.5
|
0.1
|
0.4
|
Jiangsu
|
0.4
|
0.65
|
-0.25
|
Total
|
4.36
|
4.09
|
0.27
|
Figure 3: Comparison of domestic rapeseed meal stocks yearly
