I. Rapeseed: stock and port arrival
This week (as of Feb. 22nd), total rapeseed inventories have dwindled to 584,500 tonnes in domestic coastal areas, down 17,000 tonnes by 2.83% from 601,500 tonnes last week and by 12.5% from 668,000 tonnes of the same period last year. Among them, stock in Guangxi, Guangdong and Fujian has decreased to 385,500 tonnes, up by 0.26% from 386,500 tonnes last week and 22.9% from 500,000 tonnes of the same week in the previous year. According to Cofeed, port arrivals of rapeseed will be 306,000 tonnes in February and 420,000 tonnes in March, under which it is now in liberal supply.
Fig. 1: China’s Rapeseed Stocks in Recent Years
II.Rapeseed oil stock
This week (as of Feb. 22nd), rapeseed oil stock is 548,000 tonnes, an increment of 16,300 tonnes by 3.07% from 531,700 tonnes last week and by 146.2% from 222,600 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 Feb. 22nd), rapeseed meal stock has increased to 22,700 tonnes nationwide, up 4,700 tonnes by 26.1% from 18,000 tonnes last week yet down by 59.8% from 56,500 tonnes of the same period last year. More details for stocks:
Fig. 3: China’s Rapeseed Meal Stocks in Recent Years
