I. Rapeseed: stock and port arrival

 

      This week (as of Dec. 21st), with the arrival of rapeseed at port, total stocks of imported rapeseed in domestic coastal areas have risen to 468,500 tonnes, up 27,000 tonnes by 6.12% from 441,500 tonnes last week, and up by 48.3% from 316,000 tonnes of the same period last year. Among them, stock in Guangxi, Guangdong and Fujian has piled up to 386,500 tonnes, an increment of 14.5% from 337,500 tonnes last week and 87.6% from 206,000 tonnes of the same week in the previous year. According to Cofeed, port arrivals of rapeseed will be 584,000 tonnes in December and 510,000 tonnes in January, 2019, under which it is now well supplied.

      

      

      Fig. 1: China’s Rapeseed Stocks in Recent Years

      This week (as of Dec. 21st), rapeseed oil stock has increased to 575,200 tonnes nationwide, down 21,900 tonnes by 3.96% from 553,300 tonnes last week, yet up by 81.8% from 316,400 tonnes of the same period last year. More details for stocks:

      

      

      Fig. 2: China’s Rapeseed Oil Stocks in Recent Years

      This week (as of Dec. 21st), rapeseed meal stock has risen to 31,500 tonnes nationwide, up 4,000 tonnes by 14.5% from 27,500 tonnes last week, yet down by 40.3% from 52,800 tonnes of the same period last year. More details for stocks:

      

      

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