I. Rapeseed: stocks and port arrivals

This week (ending Nov 27), China’s rapeseed inventory totals 234,000 tonnes in coastal areas, down 39,000 tonnes or 14.29% from 273,000 tonnes last week and up 78.6% from 131,000 tonnes of the corresponding period last year. Among them, stock in Guangxi, Guangdong and Fujian is 234,000 tonnes, down 14.29% from 273,000 tonnes last week and up 178.6% from 84,000 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 27), rapeseed oil stocks are 180,400 tonnes in domestic coastal regions, down 18,600 tonnes or 9.35% from 199,000 tonnes last week and down by 49.79% from 359,300 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 27), rapeseed meal stock has totaled 4,000 tonnes in domestic coastal regions, up 2,500 tonnes or 166.67% from 1,500 tonnes last week and down 86.21% from 29,000 tonnes of the same period last year. More details for stocks:

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