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

2020-03-12 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.	Feb Proj.	Mar Proj.
Beginning Stocks	73	82	40	48	58	70	70
Imports	569	470	488	532	672	655	617
Total Supply	642	552	528	580	730	725	687

Domestic Use	560	512	480	522	660	655	620
: Food Consumption	360	320	324	347	480	470	430
: Other Consumption	200	192	156	175	180	185	190
Exports	0.1	0.1	0.1	0.1	0.1	0.1	0.1
Total Use	560	512	480	522	660	655	620

Ending Stocks	82	40	48	58	70	70	67

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	14	93
	Mar	93	20	113	28	85
	Apr	85	22	107	27	80
	May	80	25	105	28	77
	Jun	77	25	102	32	70
	Jul	70	35	105	40	65
	Aug	65	40	105	45	60
	Sep	60	35	95	40	55

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