This week (Sept. 6th-13th), as coastal mills have slightly reduced their operation rate, rapeseed crush in 101 domestic mills surveyed by Cofeed has fallen to 66,920 tonnes (imported rapeseed 63000 tonnes and domestic rapeseed 3,920 tonnes), down 10,000 tonnes by 13% from 76,920 tonnes last week. Meanwhile, the operation rate (capability utilization) has moved lower to 13.36% from 15.35% last week, of which it is unchanged at 1.46% for domestic rapeseed; and it has gone down to 30.51% from 35.35% last week for imported rapeseed in coastal areas. The crush will sharply decline to 41,000 and 38,000 tonnes in the following week for the downtime in some mills.

Fig. 1: Rapeseed Weekly Crush in China (Week 1, 2016-Week 37, 2019)

Fig. 2: Rapeseed Operating Rate in China (Week 1, 2015-Week 37, 2019)