Cofeed: China Rapeseed Supply and Demand Estimates (Jul, 2020)

2020-07-10 www.cofeed.com

China Rapeseed Supply and Demand Estimates(Jun-May)
Item/Year	2014/15	2015/16	2016/17	2017/18	2018/19	2019/20	2020/21
(0,000 tonnes)	Est.	Est.	Est.	Est.	Est.	Jul Proj.	Jun Proj.	Jul Proj.
Beginning Stocks	45	50	45	54	69	54	44	44
Domestic Production	665	610	450	410	370	360	370	370
Imports	450	440	394	450	470	210	200	200
Total Supply	1160	1100	889	914	909	624	614	614

Crushing	1055	1010	805	815	835	565	565	565
: Domestic	615	580	420	385	355	345	355	355
: Imported	440	430	385	430	480	220	210	210
Seed & Other Consumption	55	45	30	30	20	15	15	15
Total Consumption	1110	1055	835	845	855	580	580	580
Ending Stocks	50	45	54	69	54	44	34	34
Stock-to-use Ratio	4.50%	4.27%	6.47%	8.17%	6.32%	7.59%	5.86%	5.86%

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