As mills in coastal regions continue picking up operation rates this week (Dec 19-25), rapeseed crush in 101 domestic mills surveyed by Cofeed is 56,000 tonnes, up 1,000 tonnes or 1.82% from 55,000 tonnes last week. Of it, imported rapeseed is 56,000 tonnes (meal 30,800 tonnes and oil 23,520 tonnes). Meanwhile, the operation rate (capability utilization) goes up to 11.18% from 10.98% last week, of which it is 0% for domestic rapeseed; and it goes to 27.12% from 26.63% last week for imported rapeseed in coastal regions. The crush is predicted to move to 63,000 tonnes in the coming two weeks, respectively.
Fig. 1: Weekly Rapeseed Crush in China
Fig. 2: Rapeseed Operating Rate in China
Details for weekly crush by region are as follows: