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Stocks of Rapeseed, Rapeseed oil and Rapeseed Meal in Coastal Areas and East China (Week 40, 2018)

2018-10-08 www.cofeed.com

      I. Rapeseed: stock and date of arrival

      This week (as of Oct 5th), imported rapeseed stock in domestic coastal area dwindles to 360,000 tonnes, down 42,000 tonnes by 10.4% from 420,000 tonnes last week, but up by 60% to 225,000 tonnes of the corresponding period last year. Among them, the stock in Guangdong, Guangxi and Fujian has dropped to 250,000 tonnes by 8.09% from 272,000 tonnes last week, but increased by 36.2% in comparison to last year. According to Cofeed, rapeseed arrival at port will be 543,000 tonnes in October and 510,000 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 5th), rapeseed oil stock amounts to 532,800 tonnes nationwide, up 12,000 tonnes by 57.7% from 520,800 tonnes last week, and up by 12.3% from 474,400 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 5th), rapeseed meal stock shrinks to 12,000 tonnes nationwide, down 21,000 tonnes by 63.6% from 33,000 tonnes last week, and down by 44.9% from 21,800 tonnes of the same period last year. More details for stocks:


      

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