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China’s Rapeseed Crush Weekly (Week 49, 2020)

2020-12-07 www.cofeed.com

As mills in coastal regions have substantially raised operation rates this week (Nov 28-Dec 4), rapeseed crush in 101 domestic mills surveyed by Cofeed totals 50,000 tonnes, up 11,000 tonnes or 28.2% from 39,000 tonnes last week. Of it, imported rapeseed is 50,000 tonnes (meal 27,500 tonnes and oil 21,000 tonnes). Meanwhile, the operation rate (capability utilization) goes up to 9.98% from 7.78% last week, of which it is unchanged at 0% for domestic rapeseed; and it is 24.21% for imported rapeseed in coastal regions, compared to 18.89% last week. The crush is predicted to fall 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: