China’s Rapeseed Crush Weekly (Week 38, 2020)

2020-09-21 www.cofeed.com

With a continued rise in operation rates in coastal regions this week (Sept 12-18), rapeseed crush in 101 domestic mills surveyed by Cofeed totals 63,560 tonnes, up 1,000 tonnes or 1.6% from 62,560 tonnes last week. Of it, imported rapeseed is 63,000 tonnes (meal 34,650 tonnes and oil 26,460 tonnes) and domestic rapeseed 560 tonnes. Meanwhile, the operation rate (capability utilization) goes up to 12.69% from 12.49% last week, of which it is 0.21% for domestic rapeseed; and it is 30.51% for imported rapeseed in coastal regions, compared to 30.02% last week. The crush is predicted to increase to 63,500 tonnes in the next two weeks, respectively.

$说明: C:\Users\ADMINI~1\AppData\Local\Temp\ksohtml8804\wps1.jpg$

Fig. 1: Weekly Rapeseed Crush in China

$说明: C:\Users\ADMINI~1\AppData\Local\Temp\ksohtml8804\wps2.jpg$

Fig. 2: Rapeseed Operating Rate in China

Details for weekly crush by region are as follows:

$说明: C:\Users\ADMINI~1\AppData\Local\Temp\ksohtml8804\wps3.jpg$

Print Close