China Rapeseed Meal Supply & Demand Estimates Yearly (0'000 tonnes)

Item/Year

2013/14

2014/15

2015/16

2016/17

2017/18

2018/19

2019/20

Est.

Est.

Est.

Est.

Est.

July Proj.

June Proj.

July Proj.

Beginning Stocks

15

32

30

40

29

40

38

38

Production

770

611

598

461

482

473

374

374

Imports

23

20

22

75

110

139

100

100

Total Supply

808

663

650

576

621

652

512

512

Domestic Consumption

773

632

600

545

579

612

485

485

Exports

3

1

10

2

2

2

2

2

Total Use

776

633

610

547

581

614

487

487

Carry-over Stocks

32

30

40

29

40

38

25

25

Stock-to-Use Ratio

4.12%

4.74%

5.74%

5.30%

6.88%

6.19%

5.13%

5.13%