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China’s Rapeseed Crush Weekly (Week 27, 2020)

2020-07-06 www.cofeed.com

With a further decline in operation rates this week (June 27-July 3), rapeseed crush in 101 domestic mills surveyed by Cofeed has totaled 39,560 tonnes (imported rapeseed 39,000 tonnes and domestic rapeseed 560 tonnes), down 13,440 tonnes or 25.36% from 53,000 tonnes from last week. Meanwhile, the operation rate (capability utilization) is 7.9% this week compared to 10.58% last week, of which it is 0.21% for domestic rapeseed; and it moves lower to 18.89% this week from 25.67% last week for imported rapeseed in coastal regions. As some mills will resume production, rapeseed crush is will increase to 56,500 tonnes and 61,500 tonnes in the next two weeks, respectively. Overall, due to rapeseed shortages, the crush remains at a relatively low level at present. 

 

说明: 1594003874(1)

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:ion

Region

Rapeseed Crush

(tonne)

Capacity Utilization

(Utilization Rate)

Week 27

Week 26

Var.

Week 27

Week 26

Var.

Guangxi

23000

32000

-9000

28.57%

39.75%

-11.18%

Guangdong

4000

7000

-3000

5.44%

9.52%

-4.08%

Fujian

12000

14000

-2000

34.29%

40.00%

-5.71%

Sichuan

560

0

560

2.64%

0.00%

2.64%

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

39560

53000

-13440

7.90%

10.58%

-2.68%