China’s Rapeseed Crush Weekly (Week 16, 2020)
As operation rates are little changed among coastal regions this week (Apr. 11-17), rapeseed crush in 101 domestic mills surveyed by Cofeed has totaled 64,000 tonnes (imported rapeseed 64,000 tonnes and domestic rapeseed 0 tonne), unchanged from last week. Meanwhile, the operation rate (capability utilization) remains flat at 12.77% this week from last week, of which it is 0% for domestic rapeseed; and it holds at 30.99% this week from last week for imported rapeseed in coastal regions. As several mills will be in downtime for a lack of rapeseed, the crush will fall to 575,000 tonnes and 545,000 tonnes in the next two weeks, respectively. Due to rapeseed shortages, the overall crush remains at a relatively low level at present.
Fig. 1: Rapeseed Weekly Crush in China (2018-2020)
Fig. 2: Rapeseed Operating Rate in China (2016-2020)
Details for weekly crush by region are as follows:
