China’s Rapeseed Crush Weekly (Week 21, 2020)
Alongside a slight rise in operation in coastal regions this week (May 16-22), rapeseed crush in 101 domestic mills surveyed by Cofeed has totaled 65,500 tonnes (imported rapeseed 65,500 tonnes and domestic rapeseed 0 tonne), up 9,000 tonnes or 15.93% from 56,500 tonnes from last week. Meanwhile, the operation rate (capability utilization) is 13.07% this week compared to 11.28% last week, of which it is 0% for domestic rapeseed; and it moves higher to 31.72% this week from 27.36% last week for imported rapeseed in coastal regions. Rapeseed crush will increase to 68,500 tonnes as several mills will resume production next week, but it will fall to 46,500 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:
