Cofeed: China Rapeseed Supply and Demand Estimates (Dec, 2020)

2020-12-14 www.cofeed.com

China Rapeseed Supply and Demand Estimates (June-May)
Item/Year	2015/16	2016/17	2017/18	2018/19	2019/20	2020/21
(0,000 tonnes)	Est.	Est.	Est.	Est.	Est.	Nov Proj.	Dec Proj.
Beginning Stocks	50	45	54	69	54	44	44
Domestic Production	610	450	410	370	360	370	370
Imports	440	394	450	470	210	250	250
Total Supply	1100	889	914	909	624	664	664

Crushing	1010	805	815	835	565	615	615
: Domestic	580	420	385	355	345	355	355
: Imported	430	385	430	480	220	260	260
Seed & Other Consumption	45	30	30	20	15	15	15
Total Consumption	1055	835	845	855	580	630	630
Ending Stocks	45	54	69	54	44	34	34
Stock-to-use Ratio	4.27%	6.47%	8.17%	6.32%	7.59%	5.40%	5.40%

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