This week (Aug. 31st-Sept. 6th), coastal mills have continued picking up their operation rate. Thereby, rapeseed crush in 101 domestic mills surveyed by Cofeed has climbed further higher to 76,920 tonnes (imported rapeseed 73,000 tonnes and domestic rapeseed 3,920 tonnes), up 35,000 tonnes by 83.49% from 41,920 tonnes last week. Meanwhile, the operation rate (capability utilization) has moved higher to 15.35% from 8.37% last week, of which it is unchanged at 1.46% for domestic rapeseed and it has gone up to 35.35% from 18.4% last week for imported rapeseed in coastal areas. The crush will continue to increase to 81,000 tonnes next week as mills resume their production, but will fall again to 72,000 tonnes in the following week for the downtime.

Fig. 1: Rapeseed Weekly Crush in China (Week 1, 2016-Week 36, 2019)

Fig. 2: Rapeseed Operating Rate in China (Week 1, 2015-Week 36, 2019)