Stocks of Rapeseed, Rapeseed oil and Rapeseed Meal in Coastal Areas and East China (Week 42, 2018)

2018-10-23 www.cofeed.com

I. Rapeseed: stock and date of arrival

This week (as of Oct 19th), with the arrival of rapeseed at port, imported rapeseed stock in domestic coastal areas totals 435,000 tonnes, up 80,000 tonnes by 22.5% against 355,000 tonnes last week, and up by 66.03% from 262,000 tonnes of the same period last year. Among them, stock in Guangxi, Gaungdong and Fujian amounts to 366,000 tonnes by 37.6% from 266,000 tonnes last week, and up by 52.2% against 240,500 tonnes of the same period last year. According to Cofeed, rapeseed arrival at port will be 603,000 tonnes in October and 570,000 tonnes in November, under which rapeseed is now well supplied.

Fig. 1: China’s Rapeseed Stocks in Recent Years

II. Stocks of rapeseed oil and amounts in outstanding contracts

This week (as of Oct 19th), rapeseed oil stock is 514,300 tonnes nationwide, down 18,500 tonnes from 532,800 tonnes last week, yet up by 33.6% from 384,900 tonnes of the same period last year. More details for stocks:

Fig. 2: China’s Rapeseed Oil Stocks in Recent Years

III. Rapeseed meal in coastal areas: stock and outstanding contracts

This week (as of Oct 19th), rapeseed meal stock shrinks to 1,000 tonnes nationwide, down 1,000 tonnes by 50% from 2,000 tonnes last week, and down by 92.6% from 13,500 tonnes of the same period last year. More details for stocks:

Fig. 3: China’s Rapeseed Meal Stocks in Recent Years

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