I. Rapeseed: stocks and port arrivals

This week (ending Oct 9), China’s rapeseed inventory totals 343,000 tonnes in coastal areas, down 55,000 tonnes or 13.82% from 398,000 tonnes last week but up 49.78% from 229,000 tonnes of the corresponding period last year. Among them, stock in Guangxi, Guangdong and Fujian is 343,000 tonnes, down 13.82% from 398,000 tonnes last week and up 139.9% from 143,000 tonnes of the same week in the previous year. Rapeseed imports from Canada will include 303,000 tonnes in October and 120,000 tonnes in November, according to data by Cofeed. Currently, only several private-owned and foreign-funded oil mills are making imports, and Chinese companies will make bulk imports only in the wake of a thaw between China and Canada.

Fig. 1: China’s Rapeseed Stocks in Recent Years

II. Rapeseed oil stocks

This week (ending Oct 9), rapeseed oil stocks are 199,000 tonnes in domestic coastal regions, down 300 tonnes or 0.15% from 199,300 tonnes last week and down by 95.78% from 472,200 tonnes of the same period last year. More details for stocks:

Fig. 2: China’s Rapeseed Oil Stocks in Recent Years

III. Rapeseed meal stocks

This week (ending Oct 9), rapeseed meal stock has totaled 4,000 tonnes in domestic coastal regions, up 4,000 tonnes last week and down by 89.87% from 39,500 tonnes of the same period last year. More details for stocks:

Fig. 3: China’s Rapeseed Meal Stocks in Recent Years