Cofeed: China Palm Oil Supply and Demand Estimates (Nov, 2019)

2019-11-11 www.cofeed.com

China Palm Oil Supply & Demand Estimates Yearly (Crop Year: Oct.-Sept;0'000 tonnes)
Item	2014/15	2015/16	2016/17	2017/18	2018/19	2019/20
Item	Est.	Est.	Est.	Est.	Est.	Oct Proj.	Nov Proj.
Beginning Stocks	73	82	40	48	58	69	70
Imports	569	470	488	532	672	670	680
Total Supply	642	552	528	580	730	739	750

Domestic Use	560	512	480	522	660	663	675
: Food Consumption	360	320	324	347	480	483	490
: Other Consumption	200	192	156	175	180	180	185
Exports	0.1	0.1	0.1	0.1	0.1	0.1	0.1
Total Use	560	512	480	522	660	663	675

Ending Stocks	82	40	48	58	70	76	75

China Palm Oil Supply & Demand Estimates Monthly
Item/Year	Est.	Beginning Stocks	Imports	Total Supply	Domestic Consumption	Ending Stocks
2019	Jan	47	51	98	31	67
	Feb	67	32	99	21	78
	Mar	78	41	119	42	77
	Apr	77	33	110	32	78
	May	78	43	121	48	73
	Jun	73	31	104	38	66
	Jul	66	49	115	51	64
	Aug	64	58	122	67	55
	Sept	55	44	99	44	55
	Oct	55	50	105	47	58
	Nov	58	55	113	53	60
	Dec	60	55	115	52	63
2020	Jan	63	45	108	40	68
2020	Feb	68	38	106	35	71

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