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China’s Rapeseed Crush Weekly (Week 36, 2020)

2020-09-07 www.cofeed.com

With a rise in operation rates in coastal regions this week (Aug 29-Sept 4), rapeseed crush in 101 domestic mills surveyed by Cofeed totals 58,560 tonnes, up 10,000 tonnes or 20.59% from 48,560 tonnes last week. Of it, imported rapeseed is 58,000 tonnes (meal 31,900 tonnes and oil 24,360 tonnes) and domestic rapeseed 560 tonnes. Meanwhile, the operation rate (capability utilization) goes up to 11.69% from 9.69% last week, of which it is 0.21% for domestic rapeseed; and it is 28.09% for imported rapeseed in coastal regions, compared to 23.24% last week. The crush is predicted to increase 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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