I. Rapeseed: stocks and port arrivals

This week (ending Nov 20), China’s rapeseed inventory totals 273,000 tonnes in coastal areas, down 42,000 tonnes or 13.3% from 315,000 tonnes last week and up 250% from 78,000 tonnes of the corresponding period last year. Among them, stock in Guangxi, Guangdong and Fujian is 273,000 tonnes, down 13.3% from 315,000 tonnes last week and up 565.85% from 41,000 tonnes of the same week in the previous year. Rapeseed imports from Canada will include 125,000 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 20), rapeseed oil stocks are 199,000 tonnes in domestic coastal regions, down 14,200 tonnes or 6.66% from 213,200 tonnes last week and down by 47.99% from 382,600 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 20), rapeseed meal stock has totaled 1,500 tonne in domestic coastal regions, down by 94.77% from 28,700 tonnes of the same period last year. More details for stocks:

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