China Rapeseed Supply & Demand Estimates Yearly（0’000 tonnes）

Item/Year

2013/14

2014/15

2015/16

2016/17

2017/18

2018/19

2019/20

Est.

Est.

Est.

Est.

Est.

Est.

Jan      Proj .

Feb     Proj.

Beginning

Stocks

25

45

50

45

54

69

54

54

Production

970

665

610

450

410

370

360

360

Imports

435

450

440

394

450

470

290

200

Total Supply

1430

1160

1100

889

914

909

704

614

Crushing

1320

1055

1010

805

815

835

645

555

    : Domestic

900

615

580

420

385

355

345

345

    : Imported

420

440

430

385

430

480

300

210

Seed & Other Consumption

65

55

45

30

30

20

15

15

Total Use

1385

1110

1055

835

845

855

660

570

Ending Stocks

45

50

45

54

69

54

44

44

Stock-to-use Ratio

3.25%

4.50%

4.27%

6.47%

8.17%

6.32%

6.67%

7.72%