I. Rapeseed: stock, date of arrival
This week (as of 28th Sept), imported rapeseed stock in domestic coastal area dwindles to 402,000 tonnes, down 73,000 tonnes by 15.4% from 475,000 tonnes last week, yet up by 32.9% from 302,500 tonnes of the corresponding period last year. Among them, the stock in Guangdong, Guangxi and Fujian has declined to 272,000 tonnes, down by 25.5% from 365,000 tonnes last week, yet up by 12.9% from 241,000 tonnes during the same period last year. According to Cofeed, rapeseed has seen a volume of 288,000 tonnes arriving at port in September this year, and will see 600,000 tonnes in October. Currently, rapeseed is still 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 28th Sept), imported rapeseed oil stock in China increases to 520,800 tonnes, up 9,020 tonnes by 1.8% from 511,780 tonnes last week, and up by 7.5% from 484,300 tonnes of the corresponding 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 28th Sept), imported rapeseed meal stock in China dwindles to 33,000 tonnes, down 3,500 tonnes by 9.6% from 36,500 tonnes last week, yet up by 9.3% from 30,200 tonnes of the corresponding period last year. More details for stocks:
Fig. 3: China’s Rapeseed Meal Stocks in Recent Years
