Stocks of Rapeseed, Rapeseed oil and Rapeseed Meal in Coastal Areas and East China (Week 43, 2018)

2018-10-30 www.cofeed.com

I. Rapeseed: stock and date of arrival

This week (as of Oct 26th), imported rapeseed stock in domestic coastal areas has dwindled to 387,000 tonnes, down 48,000 tonnes by 11.03% against 435,000 tonnes last week, yet up by 29.2% from 299,500 tonnes of the same period last year. Among them, stock in Guangxi, Gaungdong and Fujian has dropped to 338,000 tonnes by 7.65% from 366,000 tonnes last week, yet up by 21.6% against 278,000 tonnes of the same period last year. According to Cofeed, rapeseed arrival at port will be 483,000 tonnes in October and 630,000 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 26th), rapeseed oil stock is 519,200 tonnes nationwide, up 4,900 tonnes by 0.95% from 519,200 tonnes last week, and up by 33.4% from 389,200 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 26th), rapeseed meal stock has risen to 4,300 tonnes nationwide, up 3300 tonnes by 330% from 1,000 tonnes last week, yet down by 85.9% from 30,500 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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