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China’s Rapeseed Crush Weekly (Week 34, 2018)

2018-08-29 www.cofeed.com
    Rapeseed crush of 101 mills counted in the national survey this week (Aug. 18th- 24th) climbs to 127,830 tonnes, up 4,090 from 123,740 tonnes last week by 3.3% due to exceedingly high operation rate in coastal areas. Meantime the operation rate for rapeseed crush (capacity utilization) this week also climbs to 25.51% from 24.7% last week, among which the operation rate of domestic rapeseed falls from 2.14% to 1.8% and that of imported rapeseed in coastal processing mills otherwise ascends from 57.14% to 59.56% this week. Generally speaking, rapeseed crush is probably up to 128,000 tonnes next week and then edges down to 121,000 tonnes or so, still a high level.


          Figure 1: Rapeseed Weekly Crush in China (Week 1, 2016- Week 34, 2018)


             Figure 2: Rapeseed Operating Rate in China (Week 1, 2014- Week 34, 2018)