Cofeed: China Palm Oil Supply and Demand Estimates (Jan, 2020)

2020-01-13 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.	Dec Proj.	Jan Proj.
Beginning Stocks	73	82	40	48	58	70	70
Imports	569	470	488	532	672	665	660
Total Supply	642	552	528	580	730	735	730

Domestic Use	560	512	480	522	660	665	665
: Food Consumption	360	320	324	347	480	480	480
: Other Consumption	200	192	156	175	180	185	185
Exports	0.1	0.1	0.1	0.1	0.1	0.1	0.1
Total Use	560	512	480	522	660	665	665

Ending Stocks	82	40	48	58	70	70	65

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	55	110	52	58
	Nov	58	64	122	53	69
	Dec	69	53	122	49	73
2020	Jan	73	35	108	31	77
	Feb	77	20	97	20	77
	Mar	77	30	107	36	71
	Apr	71	25	96	30	66

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