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China’s Rapeseed Crush Weekly (Week 25, 2020)

2020-06-22 www.cofeed.com

As oil mills pick up operation rates this week (June 13-19), rapeseed crush in 101 domestic mills surveyed by Cofeed has totaled 55,000 tonnes (imported rapeseed 55,000 tonnes and domestic rapeseed 0 tonne), up 18,000 tonnes or 48.65% from 37,000 tonnes from last week. Meanwhile, the operation rate (capability utilization) is 11.98% this week compared to 7.38% last week, of which it is 0% for domestic rapeseed; and it moves higher to 26.63% this week from 17.92% last week for imported rapeseed in coastal regions. Rapeseed crush is will fall to 50,500 tonnes and 45,500 tonnes in the next two weeks, respectively. 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 25

Week 24

Var.

Week 25

Week 24

Var.

Guangxi

26000

13000

13000

32.30%

16.15%

16.15%

Guangdong

18000

17000

1000

24.49%

23.13%

1.36%

Fujian

11000

7000

4000

31.43%

20.00%

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

0

0

0.00%

0.00%

0.00%

Total

55000

37000

18000

10.98%

7.38%

3.60%