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Cofeed: China Rapeseed Oil Supply and Demand Estimates (Nov, 2020)

2020-11-10 www.cofeed.com
China Rapeseed Oil Supply and Demand Estimates (Jun-May)
Item/Year 2015/16 2016/17 2017/18 2018/19 2019/20 2020/21
0,000 tonnes Est. Est. Est. Est. Est. Oct Proj Nov Proj.
Beginning Stocks 627 510 193 80 99 78 78
Domestic Production 393 312 333 328 216 216 216
Imports 85 71 81 130 170 170 180
Total Supply 1105 893 607 538 485 464 464
Total Use 595 700 527 439 407 396 406
Carry-over Stocks 510 193 80 99 78 68 68
Stock-to-Use Ratio 85.00% 27.57% 15.18% 22.55% 19.16% 17.17% 16.75%