I. Rapeseed: stock and port arrival
This week (as of Dec. 14th), total stocks of imported rapeseed in domestic coastal areas have dwindled to 441,500 tonnes, down 59,500 tonnes by 11.87% from 501,000 tonnes last week, yet up by 15.9% from 381,000 tonnes of the same period last year. Among them, stock in Guangxi, Gaungdong and Fujian has posted a decline of 8.29% from 368,000 tonnes last week to 337,500 tonnes, yet it is an increase of 32.9% from 254,000 tonnes a year earlier. According to Cofeed, port arrivals of rapeseed will be 546,000 tonnes in December and 570,000 tonnes in January, 2019, under which it is now well supplied.
Fig. 1: China’s Rapeseed Stocks in Recent Years
II. Rapeseed oil stock
This week (as of Dec. 14th), rapeseed oil stock has decreased to 553,300 tonnes nationwide, down 9,000 tonnes by 1.6% from 562,300 tonnes last week, yet up by 65.5% from 334,400 tonnes of the same period last year. More details for stocks:
Fig. 2: China’s Rapeseed Oil Stocks in Recent Years
III. Rapeseed meal stock
This week (as of Dec. 14th), rapeseed meal stock has increased to 27,500 tonnes nationwide, up 1,700 tonnes by 6.6% from 25,800 tonnes last week, yet down by 52.4% from 57,800 tonnes of the same period last year. More details for stocks:
Fig. 3: China’s Rapeseed Meal Stocks in Recent Years
