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Stocks of Rapeseed, Rapeseed oil and Rapeseed Meal in Coastal Areas and East China (Week 2, 2019)

2019-01-14 www.cofeed.com
      I. Rapeseed: stock and port arrival

      The inventory of imported rapeseed in domestic coastal areas is 427,500 tonnes, a reduction of 26,000 tonnes by 5.73% from 453,500 tonnes last week and by 0.58% from 430,000 tonnes of the same period last year. Among them, stock in Guangxi, Guangdong and Fujian has dropped to 277,500 tonnes, down 4.8% from 291,500 tonnes last week and 13.28% from 320,000 tonnes of the same week in the previous year. According to Cofeed, port arrivals of rapeseed will be 543,000 tonnes in January and 300,000 tonnes in February, under which it is now well supplied.

      

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

      II. Rapeseed oil stock

      This week (as of Jan. 11th), rapeseed oil stock has added to 549,000 tonnes, up 23,300 tonnes by 4.43% from 525,700 tonnes last week and up by 101.5% from 272,500 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 Jan. 11th), rapeseed meal stock has risen to 23,000 tonnes nationwide, down 4,500 tonnes by 16.4% from 27,500 tonnes last week and down by 75.7% from 94,500 tonnes of the same period last year. More details for stocks:

      

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