Stocks of Rapeseed, Rapeseed oil and Rapeseed Meal in Coastal Areas and East China (Week 52, 2018)

2019-01-02 www.cofeed.com

I.Rapeseed: stock and port arrival

This week (as of Dec. 28th), total stocks of imported rapeseed in domestic coastal areas have dwindled to 420,500 tonnes, down 48,000 tonnes by 10.24% from 468,500 tonnes last week, and up by 16.8% from 360,000 tonnes of the same period last year. Among them, stock in Guangxi, Guangdong and Fujian has piled up to 300,500 tonnes, an increment of 22.3% from 386,500 tonnes last week and 9.7% from 274,000 tonnes of the same week in the previous year. According to Cofeed, port arrivals of rapeseed will be 524,000 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. 28th), rapeseed oil stock has fallen to 544,800 tonnes, down 30,400 tonnes by 5.3% from 575,200 tonnes last week, yet up by 84.9% from 294,600 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. 28th), rapeseed meal stock has dwindled to 26,000 tonnes nationwide, down 5,500 tonnes by 17.5% from 31,500 tonnes last week, yet down by 61.4% from 67,300 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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