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China’s Rapeseed Crush Weekly (Week 51, 2020)

2020-12-21 www.cofeed.com

As mills in coastal regions have marginally raised operation rates this week (Dec 12-18), rapeseed crush in 101 domestic mills surveyed by Cofeed is 55,000 tonnes, up 5,000 tonnes or 10% from 50,000 tonnes last week. Of it, imported rapeseed is 55,000 tonnes (meal 30500 tonnes and oil 23100 tonnes). Meanwhile, the operation rate (capability utilization) goes up to 10.98% from 9.98% last week, of which it is 0% for domestic rapeseed; and it goes to 26.63% from 24.21% last week for imported rapeseed in coastal regions. The crush is predicted to move to 57,500 tonnes and 63,500 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: