Today is 12/22/2024
| China Edible Vegetable Oils Supply and Demand Estimates | ||||
| Crop year: Oct-Sept | 2017/18 | 2018/19 (Apr Est ) |
2019/20 (Mar Proj) |
2019/20 (Apr Proj) |
| 0,000 tonnes | ||||
| Production | 2715 | 2546 | 2640 | 2640 |
| Soybean Oil (SBO) | 1587 | 1431 | 1527 | 1527 |
| Rapeseed Oil (RPO) | 589 | 569 | 563 | 563 |
| Peanut Oil (PNO) | 312 | 318 | 312 | 317 |
| Imports | 611 | 855 | 784 | 788 |
| Palm Oil (PO) | 358 | 495 | 440 | 440 |
| Rapeseed Oil | 107 | 151 | 140 | 140 |
| Soybean Oil | 48 | 78 | 75 | 75 |
| Domestic Consumption | 3336 | 3335 | 3339 | 3243 |
| Urban | 2510 | 2605 | 2616 | 2538 |
| Rural | 826 | 730 | 723 | 705 |
| Exports | 29 | 27 | 27 | 27 |
| Ending Stocks Change | -40 | 42 | 58 | 157 |
| CNY/tonne | ||||
| Domestic SBO Ex-mill Prices | 5614 | 5452 | 6000-7000 | 5800-6800 |
| Imported PO Duty-paid Prices | 5150 | 4535 | 5000-6000 | 4800-5800 |
| Domestic RPO Ex-mill Prices | 6608 | 7009 | 7200-8200 | 7200-8200 |
| Domestic PBO Ex-mill Prices | 13106 | 12449 | 13000-14000 | 14000-15000 |
| Imported SBO Duty-paid Prices | 6131 | 5748 | 6200-7200 | 6000-7000 |
| Remarks: 1. Palm oil does not include palm stearin. 2. Domestic soybean oil, rapeseed oil and peanut oil prices refer to GB Grade IV, GB Grade IV and GB Grade I, respectively; and palm oil price is the CIF of palm olein. |
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