With a slight decline in operation rates among coastal mills this week (Nov 21-27), rapeseed crush in 101 domestic mills surveyed by Cofeed totals 39,000 tonnes, down 3,000 tonnes or 7.14% from 42,000 tonnes last week. Of it, imported rapeseed is 39,000 tonnes (meal 21,450 tonnes and oil 16,380 tonnes). Meanwhile, the operation rate (capability utilization) goes down to 7.78% from 8.38% last week, of which it is unchanged at 0% for domestic rapeseed; and it is 18.89% for imported rapeseed in coastal regions, compared to 20.34% last week. The crush is predicted to increase to 49,500 tonnes in both the next two weeks.

Fig. 1: Weekly Rapeseed Crush in China

Fig. 2: Rapeseed Operating Rate in China

Details for weekly crush by region are as follows: