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

2020-02-11 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
Est. Est. Est. Est. Est. Jan  Proj. Feb Proj.
Beginning Stocks 73 82 40 48 58 70 70
Imports 569 470 488 532 672 660 655
Total Supply 642 552 528 580 730 730 725
Domestic Use 560 512 480 522 660 665 655
: Food Consumption 360 320 324 347 480 480 470
: 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 560 512 480 522 660 665 655
Ending Stocks 82 40 48 58 70 65 70

 

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 54 123 50 73
2020 Jan 73 35 108 21 87
Feb 87 20 107 17 90
Mar 90 20 110 21 89
Apr 89 20 109 27 82
May 82 25 107 30 77