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

2020-07-10 www.cofeed.com
China Rapeseed Oil 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 616 627 510 193 80 99 78 78
Domestic Production 398 393 312 333 328 216 216 216
Imports 63 85 71 81 130 170 170 170
Total Supply 1077 1105 893 607 538 485 464 464
Total Use 450 595 700 527 439 407 396 396
Carry-over Stocks 627 510 193 80 99 78 68 68
Stock-to-Use Ratio 139.33% 85.00% 27.57% 15.18% 22.55% 19.16% 17.17% 17.17%