Cofeed: China Rapeseed Meal Supply and Demand Estimates (Sept, 2019)

2019-09-12 www.cofeed.com

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.	Est .	Aug Proj.	Sept 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%

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