Today is 12/22/2024
| China Edible Vegetable Oils Supply and Demand Estimates | ||||
| Crop year: Oct-Sept | 2017/18 | 2018/19 | 2019/20 | 2019/20 |
| (Dec Est ) | (Nov Proj) | (Dec Proj) | ||
| 10,000 tonnes | ||||
| Production | 2715 | 2192 | 2603 | 2640 |
| Soybean Oil (SBO) | 1587 | 1431 | 1496 | 1527 |
| Rapeseed Oil (RPO) | 589 | 215 | 563 | 563 |
| Peanut Oil (PNO) | 312 | 314 | 306 | 312 |
| Imports | 611 | 855 | 784 | 784 |
| Palm Oil (PO) | 358 | 495 | 440 | 440 |
| Rapeseed Oil | 107 | 151 | 140 | 140 |
| Soybean Oil | 48 | 78 | 75 | 75 |
| Domestic Consumption | 3336 | 3338 | 3339 | 3339 |
| Urban | 2510 | 2607 | 2664 | 2664 |
| Rural | 826 | 731 | 675 | 675 |
| Exports | 29 | 27 | 27 | 27 |
| Ending Stocks Change | -40 | -318 | 22 | 58 |
| yuan/tonne | ||||
| Domestic SBO Ex-mill Prices | 5614 | 5452 | 5100-6100 | 6000-7000 |
| Imported PO Duty-paid Prices | 5150 | 4535 | 4200-5200 | 5000-6000 |
| Domestic RPO Ex-mill Prices | 6608 | 7009 | 6500-7500 | 7200-8200 |
| Domestic PBO Ex-mill Prices | 13106 | 12449 | 12000-13000 | 13000-14000 |
| Imported SBO Duty-paid Prices | 6131 | 5748 | 5400-6400 | 6200-7200 |
| Remarks: | ||||
| 1. Palm oil does not include palm stearin. | ||||
| 2. Domestic soybean oil, rapeseed oil and peanut oil prices refer to GB Grade IV, GB Grade IV and GB Grade I, respectively; and palm oil price is the CIF of palm olein. | ||||