Cofeed: China Rapeseed Supply and Demand Estimates (Mar, 2021)

2021-03-10 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.	Feb Proj.	Mar 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	270	270
Total Supply	1100	889	914	909	624	684	684

Crushing	1010	805	815	835	565	635	635
: Domestic	580	420	385	355	345	355	355
: Imported	430	385	430	480	220	280	280
Seed & Other Consumption	45	30	30	20	15	15	15
Total Consumption	1055	835	845	855	580	650	650
Ending Stocks	45	54	69	54	44	34	34
Stock-to-use Ratio	4.27%	6.47%	8.17%	6.32%	7.59%	5.23%	5.23%

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