China’s Rapeseed Crush Weekly (Week 20, 2020)
As operation rates have fractionally declined this week (May 9-15), rapeseed crush in 101 domestic mills surveyed by Cofeed has totaled 56,500 tonnes (imported rapeseed 56,500 tonnes and domestic rapeseed 0 tonne), down 500 tonnes or 0.88% from 57,000 tonnes from last week. Meanwhile, the operation rate (capability utilization) is 11.28% this week compared to 11.38% last week, of which it is 0% for domestic rapeseed; and it moves lower to 27.36% this week from 27.6% last week for imported rapeseed in coastal regions. Rapeseed crush will increase to 63,500 tonnes as mills will resume production next week, but it will fall to 47,500 tonnes that following week for a lack of rapeseed. Overall, due to rapeseed shortages, the 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:
