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

2019-09-12 www.cofeed.com
China Rapeseed Oil Supply & Demand Estimates Yearly  (0'000 tonnes)
Item/Year 2014/15 2015/16 2016/17 2017/18 2018/19 2019/20
  Est. Est. Est. Est. Est . Aug Proj. Sept  Proj.
Beginning Stocks 616 627 510 193 80 99 99
Production 398 393 312 333 328 251 251
Imports 63 85 71 81 130 90 90
Total Supply 1077 1105 893 607 538 440 440
Total Use 450 595 700 527 439 362 362
Carry-over Stocks 627 510 193 80 99 78 78
Stock-to-Use Ratio 139.33% 85.00% 27.57% 15.18% 22.55% 21.55% 21.55%