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

2019-09-05 www.cofeed.com
China Cottonseed Supply & Demand Estimates Yearly (Oct.-Sept; K Tonnes)
　Item/Year 2017/18 2018/19 2019/20
　 Est. Aug Proj. Sep Proj. Aug Proj. Sep Proj.
Beginning Stocks  61 58 58 55 25
Production 8564 8489 8489 8380 8380
Imports 115 120 90 110 110
Total Supply 8740 8667 8637 8545 8515
　 　 　 　 　 　
Crushing 7307 7194 7194 7060 7060
Industrial and Other Consumption 1195 1250 1250 1270 1270
Seeds 180 168 168 165 165
Exports 0 0 0 0 0
Total Use 8682 8612 8612 8495 8495
Ending Stocks 58 55 25 50 20
Stocks-to-Use Ratio  0.67% 0.64% 0.29% 0.59% 0.24%
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 2017/18 2018/19 2019/20
　 Est. Aug Proj. Sep Proj. Aug Proj. Sep Proj.
Beginning Stocks 139 146 146 150 150
Production 920 816 906 890 890
Imports  0 0 0 0 0
Total Supply 1059 962 1052 1040 1040
　 　 　 　 　 　
Domestic Consumption 913 810 900 898 898
Exports 0 2 2 2 2
Total Use 913 812 902 900 900
Ending Stocks 146 150 150 140 140
Stocks-to-Use Ratio 15.99% 18.47% 16.63% 15.56% 15.56%
Remarks: The yearly cottonseed oil 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 Meal Supply & Demand Estimates Yearly (Oct.-Sept; K Tonnes)
　Item/Year 2017/18 2018/19 2019/20
　 Est. Aug Proj. Sep Proj. Aug Proj. Sep Proj.
Beginning Stocks 130 140 140 174 174
Production  3910 3264 3850 3784 3784
Imports  0 25 25 20 20
Total Supply 4040 3429 4015 3978 3978
　 　 　 　 　 　
Feed 3624 2960 3546 3468 3468
Other Consumption 275 294 294 290 290
Exports 1 1 1 1 1
Total Demand 3900 3255 3841 3759 3759
　 　 　 　 　 　
Ending Stocks 140 174 174 219 219
Stocks to Use Ratio 3.59% 5.35% 4.53% 5.83% 5.83%
Remarks: The yearly cottonseed meal 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.

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