I. Rapeseed: stocks and port arrivals

This week (ending Nov 6), China’s rapeseed inventory totals 236,000 tonnes in coastal areas, down 10,000 tonnes or 4.07% from 246,000 tonnes last week but up 51.28% from 156,000 tonnes of the corresponding period last year. Among them, stock in Guangxi, Guangdong and Fujian is 236,000 tonnes, down 4.07% from 246,000 tonnes last week and up 98.32% from 119,000 tonnes of the same week in the previous year. Rapeseed imports from Canada will include 120,000 tonnes in November and 360,000 tonnes in December, 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 Nov 6), rapeseed oil stocks are 242,300 tonnes in domestic coastal regions, down 15,600 tonnes or 6.05% from 257,900 tonnes last week and down by 42.49% from 421,300 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 Nov 6), rapeseed meal stock has totaled 0 tonne in domestic coastal regions, down 1,000 tonnes or 100% from 1,000 tonnes last week and down by 100% from 24,000 tonnes of the same period last year. More details for stocks:

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