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Cofeed: China Rapeseed Oil Supply and Demand Estimates (Feb, 2020)

2020-02-10 www.cofeed.com

China Rapeseed Oil Supply & Demand Estimates Yearly0’000 tonnes

Item/Year

2014/15

2015/16

2016/17

2017/18

2018/19

2019/20

 

Est.

Est.

Est.

Est.

Est .

Jan  Proj.

Feb  Proj.

Beginning Stocks

616

627

510

193

80

99

99

Production

398

393

312

333

328

251

212

Imports

63

85

71

81

130

90

130

Total Supply

1077

1105

893

607

538

440

441

Total Use

450

595

700

527

439

362

363

Carry-over Stocks

627

510

193

80

99

78

78

Stock-to-Use Ratio

139.33%

85.00%

27.57%

15.18%

22.55%

21.55%

21.49%