Stocks of Rapeseed, Rapeseed oil and Rapeseed Meal in Coastal Areas and East China (Week 47, 2018)

2018-11-26 www.cofeed.com

I.Rapeseed: stock and date of arrival

This week (as of Nov. 23rd), imported rapeseed stock in domestic coastal areas has decreased to 396,000 tonnes, down 24,000 tonnes by 5.7% against 420,000 tonnes last week, yet up by 25.1% from 316,500 tonnes of the same period last year. Among them, stock in Guangxi, Gaungdong and Fujian has dwindled to 292,000 tonnes by 0.34% from 293,000 tonnes last week, yet up by 58.7% against 184,000 tonnes of the same period last year. According to Cofeed, rapeseed arrival at port will be 618,000 tonnes in November and 570,000 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. 23rd), rapeseed oil stock has increased to 627,600 tonnes nationwide, up 61,900 tonnes by 10.9% from 565,700 tonnes last week, and up by 68.5% from 372,400 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 Nov. 23rd), rapeseed meal stock has risen to 37,000 tonnes nationwide, up 8,300 tonnes by 28.9% from 28,700 tonnes last week, yet down by 26.7% from 50,500 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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