With a continuous decline in operation rates in coastal regions this week (June 6-12), rapeseed crush in 101 domestic mills surveyed by Cofeed has totaled 37,000 tonnes (imported rapeseed 37,000 tonnes and domestic rapeseed 0 tonne), down 14,000 tonnes or 27.45% from 51,000 tonnes from last week. Meanwhile, the operation rate (capability utilization) is 7.38% this week compared to 10.18% last week, of which it is 0% for domestic rapeseed; and it moves lower to 17.92% this week from 24.7% last week for imported rapeseed in coastal regions. Rapeseed crush is will increase to around 45,500 tonnes next week, but it will fall again to 41,500 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:
Region |
Rapeseed Crush (tonne) |
Capacity Utilization (Utilization Rate) |
||||
Week 24 |
Week 23 |
Var. |
Week 24 |
Week 23 |
Var. |
|
Guangxi |
13000 |
20000 |
-7000 |
16.15% |
24.84% |
-8.69% |
Guangdong |
17000 |
15000 |
2000 |
23.13% |
20.41% |
2.72% |
Fujian |
7000 |
11000 |
-4000 |
20.00% |
31.43% |
-11.43% |
Sichuan |
0 |
0 |
0 |
0.00% |
0.00% |
0.00% |
North China |
0 |
0 |
0 |
0.00% |
0.00% |
0.00% |
Guizhou |
0 |
0 |
0 |
0.00% |
0.00% |
0.00% |
Anhui |
0 |
0 |
0 |
0.00% |
0.00% |
0.00% |
Jiangsu |
0 |
0 |
0 |
0.00% |
0.00% |
0.00% |
Hubei |
0 |
0 |
0 |
0.00% |
0.00% |
0.00% |
Hunan |
0 |
0 |
0 |
0.00% |
0.00% |
0.00% |
Liaoning |
0 |
5000 |
-5000 |
0.00% |
23.81% |
-23.81% |
Total |
37000 |
51000 |
-14000 |
7.38% |
10.18% |
-2.80% |