This week (Mar. 7-13), there is a further increase in operation rates among coastal mills. Rapeseed crush in 101 domestic mills surveyed by Cofeed has totaled 44,000 tonnes (imported rapeseed 44,000 tonnes and domestic rapeseed 0 tonne), up 14,000 tonnes or 46.67% from 30,000 tonnes last week. Meanwhile, the operation rate (capability utilization) goes up to 8.78% this week from 5.99% last week, of which it is 0% for domestic rapeseed; and it moves higher to 21.31% this week from 14.53% last week for imported rapeseed in coastal regions. The crush is expected to be little changed at around 43,500 tonnes next week, and to fall to 36,500 tonnes as several mills will suspend production for a lack of rapeseed. 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 11, 2020)

Fig. 2: Rapeseed Operating Rate in China (Week 1, 2016-Week 11, 2020)