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

2019-08-08 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 2019/20
　 Est. Est. Est. Est. July Proj. Aug Proj. Aug Proj.
Beginning Stocks  63 78 60 61 58 58 55
Production 8571 7546 8199 8564 7880 8489 8380
Imports 8 75 265 115 120 120 110
Total Supply 8642 7699 8524 8740 8058 8667 8545
　 　 　 　 　 　 　 　
Crushing 7189 6587 7363 7307 6800 7194 7060
Industrial and Other Consumption 1000 880 930 1195 1016 1250 1270
Seeds 195 172 170 180 180 168 165
Exports 0 0 0 0 0 0 0
Total Use 8384 7639 8463 8682 7996 8612 8495
Ending Stocks 78 60 61 58 62 55 50
Stocks-to-Use Ratio  0.93% 0.79% 0.72% 0.67% 0.78% 0.64% 0.59%
Remarks: The yearly cottonseed production has been changed based on the adjustment of yearly cotton planting acreage and production according to the latest data from National Bureau of Statistics and the practical investigation.

 

China Cottonseed Oil Supply & Demand Estimates Yearly (Oct.-Sept; K Tonnes)
　Item/Year 2014/15 2015/16 2016/17 2017/18 2018/19 2019/20
　 Est. Est. Est. Est. June Proj. Aug Proj. Aug Proj.
Beginning Stocks 137 157 142 139 146 146 150
Production 906 830 928 920 816 906 890
Imports  0 0 0 0 0 0 0
Total Supply 1043 987 1070 1059 962 1052 1040
　 　 　 　 　 　 　 　
Domestic Consumption 886 845 931 913 810 900 898
Exports 0 0 0 0 2 2 2
Total Use 886 845 931 913 812 902 900
Ending Stocks 157 142 139 146 150 150 140
Stocks-to-Use Ratio 17.72% 16.80% 14.93% 15.99% 18.47% 16.63% 15.56%

 

China Cottonseed Meal Supply & Demand Estimates Yearly (Oct.-Sept; K Tonnes)
　Item/Year 2014/15 2015/16 2016/17 2017/18 2018/19 2019/20
　 Est. Est. Est. Est. July Proj. Aug Proj. Aug Proj.
Beginning Stocks 155 157 133 130 140 140 174
Production  3853 3530 3946 3910 3264 3850 3784
Imports  1 0 0 0 25 25 20
Total Supply 4009 3687 4079 4040 3429 4015 3978
　 　 　 　 　 　 　 　
Feed 3496 3273 3678 3624 2960 3546 3468
Other Consumption 350 280 270 275 294 294 290
Exports 6 1 1 1 1 1 1
Total Demand 3852 3554 3949 3900 3255 3841 3759
　 　 　 　 　 　 　 　
Ending Stocks 157 133 130 140 174 174 219
Stocks to Use Ratio 4.08% 3.74% 3.29% 3.59% 5.35% 4.53% 5.83%
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