With a slight decline in utilization rate among coastal mills, rapeseed crush in 101 domestic mills surveyed by Cofeed this week (July 20th-26th) has decreased to 53,310 tonnes (imported rapeseed 51,000 tonnes and domestic rapeseed 2,310 tonnes), down 5,000 tonnes by 8.57% from 58,310 tonnes last week. Meanwhile, the utilization rate (capability utilization) has declined to 10.64% from 11.64% last week, of which it remains at 0.86% for domestic rapeseed; and it has gone down to 24.7% from 27.12% last week for imported rapeseed in coastal areas. The crush will slightly increase to 60,000 tonnes and to 80,000 tonnes respectively in the next two weeks as some mills resume their production.

　　

Fig. 1: Rapeseed Weekly Crush in China (Week 1, 2016-Week 30, 2019)

　　

　　

Fig. 2: Rapeseed Operating Rate in China (Week 1, 2015-Week 30, 2019)