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Stocks of Rapeseed, Rapeseed oil and Rapeseed Meal in Coastal Areas and East China (Week 41, 2018)

2018-10-15 www.cofeed.com

      I. Rapeseed: stock and date of arrival

      This week (as of Oct 12th), imported rapeseed stock in domestic coastal area dwindles to 355,000 tonnes, down 5,000 tonnes by 1.39% from 360,000 tonnes last week, but up by 48.8% from 238,500 tonnes of the corresponding period last year. Among them, the stock in Guangdong, Guangxi and Fujian has increased to 266,000 tonnes by 6.4% from 250,000 tonnes last week, and increased by 28.5% in comparison to 207,000 tonnes last year. According to Cofeed, rapeseed arrival at port will be 543,000 tonnes in October and 570,000 tonnes in November, under which rapeseed is now in adequate supply. 


      


      

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


      II. Stocks of rapeseed oil and amounts in outstanding contracts

      This week (as of Oct 12th), rapeseed oil stock is 532,800 tonnes nationwide, unchanged from that of last week, and up by 17.7% from 452,500 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 12th), rapeseed meal stock shrinks to 2,000 tonnes nationwide, down 10,000 tonnes by 83.3% from 12,000 tonnes last week, and down by 89.2% from 18,500 tonnes of the same period last year. More details for stocks:


      


      

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