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Stocks of Rapeseed, Rapeseed oil and Rapeseed Meal in Coastal Areas and East China (Week 49, 2018)

2018-12-10 www.cofeed.com
      I.Rapeseed: stock and date of arrival

      This week (as of Nov. 30th), imported rapeseed stock in domestic coastal areas has increased to 440,000 tonnes, up 44,000 tonnes by 11.1% against 396,000 tonnes last week, and up by 5.9% from 415,500 tonnes of the same period last year. Among them, stock in Guangxi, Gaungdong and Fujian has risen to 347,000 tonnes by 18.8% from 292,000 tonnes last week, and up by 10.2% against 315,000 tonnes of the same period last year. According to Cofeed, rapeseed arrival at port will be 378,000 tonnes in November and 720,000 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. 30th), rapeseed oil stock has dwindled to 598,500 tonnes nationwide, down 29,100 tonnes by 4.6% from 627,600 tonnes last week, yet up by 63.08% from 367,000 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. 30th), rapeseed meal stock has decreased to 26,500 tonnes nationwide, down 10,500 tonnes by 28.4% from 37,000 tonnes last week, yet up by 22.7% from 21,600 tonnes of the same period last year. More details for stocks:

      

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