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Stocks of Rapeseed, Rapeseed oil and Rapeseed Meal in Coastal Areas and East China (Week 45, 2018)

2018-11-12 www.cofeed.com
      I.Rapeseed: stock and date of arrival

      This week (as of Nov. 9th), imported rapeseed stock in domestic coastal areas has increased to 422,000 tonnes, up 16,000 tonnes by 3.94% against 406,000 tonnes last week, and up by 18.9% from 355,500 tonnes of the same period last year. Among them, stock in Guangxi, Gaungdong and Fujian has increased to 327,000 tonnes by 7.2% from 305,000 tonnes last week, and up by 19.3% against 274,000 tonnes of the same period last year. According to Cofeed, rapeseed arrival at port will be 703,000 tonnes in November and 540,000 tonnes in December, 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 Nov. 9th), rapeseed oil stock is 554,000 tonnes nationwide, up 22,200 tonnes by 4.2% from 531,800 tonnes last week, and up by 45.4% from 381,100 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 Nov. 9th), rapeseed meal stock has risen to 16,500 tonnes nationwide, up 10,000 tonnes by 153.8% from 6,500 tonnes last week, yet down by 11.3% from 18,600 tonnes of the same period last year. More details for stocks:

      

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