Today is 03/29/2024

China’s Rapeseed Crush Weekly (Week 28, 2020)

2020-07-13 www.cofeed.com

As oil mills sharply pick up operation rates this week (July 4-10), rapeseed crush in 101 domestic mills surveyed by Cofeed has totaled 62,560 tonnes (imported rapeseed 62,000 tonnes and domestic rapeseed 560 tonnes), up 23,000 tonnes or 58.14% from 39,560 tonnes from last week. Meanwhile, the operation rate (capability utilization) is 12.49% this week compared to 7.9% last week, of which it is 0.21% for domestic rapeseed; and it moves higher to 30.02% this week from 18.89% last week for imported rapeseed in coastal regions. Rapeseed crush is will fall to 54,500 tonnes next week as several mills will halt production, but will increase to 67,000 tonnes that following week. Overall, due to rapeseed shortages, the crush remains at a relatively low level at present. 

 

说明: 1594610894(1)

Fig. 1: Rapeseed Weekly Crush in China (2018-2020)

 

说明: 1594610912(1)

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 28

Week 27

Var.

Week 28

Week 27

Var.

Guangxi

25000

23000

2000

31.06%

28.57%

2.49%

Guangdong

16000

4000

12000

21.77%

5.44%

16.33%

Fujian

21000

12000

9000

60.00%

34.29%

25.71%

Sichuan

560

560

0

2.64%

2.64%

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

62560

39560

23000

12.49%

7.90%

4.59%