As operation rates continue rising in coastal China this week (Mar 6-12), rapeseed crush in 101 domestic mills surveyed by Cofeed is 54,000 tonnes, up 19,000 tonnes or 54.29% from 35,000 tonnes last week. Of it, imported rapeseed is 54,000 tonnes (meal 29,700 tonnes and oil 23,220 tonnes). Meanwhile, the operation rate (capability utilization) goes up to 10.78% from 6.99% last week, of which it is 0% for domestic rapeseed; and it goes to 26.15% from 16.95% last week for imported rapeseed in coastal regions. As oil mills resume production, rapeseed crush is expected to increase to 58,500 tonnes and 65,500 tonnes in the next 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: