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Cofeed: China Cottonseed, Cottonseed Meal and Cottonseed Oil Supply and Demand Estimates (July, 2019)

2019-07-19 www.cofeed.com

China Cottonseed Supply & Demand Estimates Yearly (Oct.-Sept; K Tonnes)

 Item/Year

2014/15

2015/16

2016/17

2017/18

2018/19

 

Est.

Est.

Est.

Est.

June Proj.

July Proj.

Beginning

Stocks

63

78

60

61

58

58

Production

9655

7262

6776

7380

7880

7880

Imports

8

75

265

115

120

120

Total Supply

9726

7415

7101

7556

8058

8058

 

 

 

 

 

 

 

Crushing

8453

6303

5945

6385

6800

6800

Industrial and Other Consumption

1000

880

930

943

1016

1016

Seeds

195

172

165

170

180

180

Exports

0

0

0

0

0

0

Total Use

9648

7355

7040

7498

7996

7996

Ending Stocks

78

60

61

58

62

62

Stocks-to-Use Ratio

0.81%

0.82%

0.87%

0.77%

0.78%

0.78%

 

China Cottonseed Meal Supply & Demand Estimates Yearly (Oct.-Sept; K Tonnes)

 Item/Year

2014/15

2015/16

2016/17

2017/18

2018/19

 

Est.

Est.

Est.

Est.

June Proj.

July Proj.

Beginning Stocks

155

157

133

130

140

140

Production 

4055

2993

2805

3064

3264

3264

Imports 

1

0

0

0

25

25

Total Supply

4211

3150

2938

3194

3429

3429

 

 

 

 

 

 

 

Feed

3698

2736

2537

2778

2960

2960

Other Consumption

350

280

270

275

294

294

Exports

6

1

1

1

1

1

Total Demand

4054

3017

2808

3054

3255

3255

 

 

 

 

 

 

 

Ending Stocks

157

133

130

140

174

174

Stocks to Use Ratio

3.87%

4.41%

4.63%

4.58%

5.35%

5.35%

 

China Cottonseed Oil Supply & Demand Estimates Yearly (Oct.-Sept; K Tonnes)

 Item/Year

2014/15

2015/16

2016/17

2017/18

2018/19

 

Est.

Est.

Est.

Est.

June Proj.

July Proj.

Beginning Stocks

137

157

142

139

146

146

Production

930

730

703

766

816

816

Imports 

0

0

0

0

0

0

Total Supply

1067

887

845

905

962

962

 

 

 

 

 

 

 

Domestic Consumption

910

745

706

759

810

810

Exports

0

0

0

0

0

2

Total Use

910

745

706

759

810

812

Ending Stocks

157

142

139

146

152

150

Stocks-to-Use Ratio

17.25%

19.06%

19.69%

19.24%

18.77%

18.47%