This week (Oct. 19th-25th), operation rates continue to rise among domestic coastal oil mills. Thereby, rapeseed crush in 101 domestic mills surveyed by Cofeed has totaled 56,360 tonnes (imported rapeseed 53,000 tonnes and domestic rapeseed 3,360 tonnes), up 21,740 tonnes by 62.8% from 34,620 tonnes last week. Meanwhile, the operation rate (capability utilization) has moved up to 11.25% from 6.91% last week, of which it is 1.25% against 1.72% last week for domestic rapeseed; and it has gone higher to 25.67% from 14.53% last week for imported rapeseed in coastal regions. The crush will continue to go up to 58,000 tonnes in the next two weeks as some mills resume their production, but the overall crush remains low amid rapeseed shortages. 

Fig. 1: Rapeseed Weekly Crush in China (Week 1, 2016-Week 43, 2019)

Fig. 2: Rapeseed Operating Rate in China (Week 1, 2015-Week 43, 2019)