This week (Feb.1-7), there is a slight increase in operation rates among coastal mills. Rapeseed crush in 101 domestic mills surveyed by Cofeed has totaled 16,000 tonnes (imported rapeseed 16,000 tonnes and domestic rapeseed 0 tonne), up 4,000 tonnes or 33.3% from 12,000 tonnes last week. Meanwhile, the operation rate (capability utilization) goes up to 3.19% this week from 2.4% last week, of which it is 0% for domestic rapeseed; and it moves higher to 7.75% this week from 5.81% last week for imported rapeseed in coastal regions. As some mills will resume work and with rapeseed arrivals at ports in the next two weeks, rapeseed crush will increase to 29000 tonnes and 44000 tonnes. Due to rapeseed shortages, the overall crush remains at a relatively low level at present. 

Fig. 1: Rapeseed Weekly Crush in China (Week 1, 2018-Week 6, 2020)

Fig. 2: Rapeseed Operating Rate in China (Week 1, 2016-Week 6, 2020)