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China’s Rapeseed Crush Weekly (Week 33, 2020)

2020-08-17 www.cofeed.com

As there is a light rise in operation rates in coastal regions this week (Aug 8-14), rapeseed crush in 101 domestic mills surveyed by Cofeed totals 56,560 tonnes, up 7,000 tonnes or 14.12% from 49,560 tonnes last week. Of it, imported rapeseed is 56,000 tonnes (meal 30,800 tonnes and oil 23,520 tonnes) and domestic rapeseed 560 tonnes. Meanwhile, the operation rate (capability utilization) goes up to 11.29% from 9.89% last week, of which it is 0.21% for domestic rapeseed; and it is 27.12% for imported rapeseed in coastal regions, compared to 23.73% last week. The crush is predicted to rise to 63,500 tonnes in the next two weeks, respectively. Overall, due to rapeseed shortages, the crush remains at a relatively low level at present. 

 

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Fig. 1: Weekly Rapeseed Crush in China

 

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Fig. 2: Rapeseed Operating Rate in China

 

Details for weekly crush by region are as follows:

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