With a slight rise in operation rates in coastal regions this week (Oct 31-Nov 6), rapeseed crush in 101 domestic mills surveyed by Cofeed totals 50,000 tonnes, up 440 tonnes or 0.89% from 49,560 tonnes last week. Of it, imported rapeseed is 50,000 tonnes (meal 27,500 tonnes and oil 21,000 tonnes) and domestic rapeseed 0 tonne. Meanwhile, the operation rate (capability utilization) goes up to 9.98% from 19.89% last week, of which it is 0% for domestic rapeseed, compared to 0.21% last week; and it is 24.21% for imported rapeseed in coastal regions, compared to 23.73% last week. The crush is predicted to be 37,000 tonnes and 49,500 tonnes in the next two weeks, respectively.
Fig. 1: Weekly Rapeseed Crush in China
Fig. 2: Rapeseed Operating Rate in China
Details for weekly crush by region are as follows: