China’s Rapeseed Crush Weekly (Week 40, 2020)

2020-10-09 www.cofeed.com

With a further decline in operation rates in coastal regions this week (Sept 26-Oct 2), rapeseed crush in 101 domestic mills surveyed by Cofeed totals 61,560 tonnes, down 1,000 tonnes or 1.6% from 62,560 tonnes last week. Of it, imported rapeseed is 61,000 tonnes (meal 33,550 tonnes and oil 25,620 tonnes) and domestic rapeseed 560 tonnes. Meanwhile, the operation rate (capability utilization) goes down to 12.29% from 12.49% last week, of which it is 0.21% for domestic rapeseed; and it is 29.54% for imported rapeseed in coastal regions, compared to 30.02% last week. The crush is predicted to steady at 64,000 tonnes in the next two weeks, respectively. The overall crush remains low amid rapeseed shortages.

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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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