China Palm Oil Supply and Demand Estimates (Oct-Sept) | ||||||
Item | 2016/17 | 2017/18 | 2018/19 | 2019/20 | 2020/21 | |
(0,000 tonnes) | Est. | Est. | Est. | Est. | Mar Proj. | Apr Proj. |
Beginning Stocks | 40 | 48 | 58 | 70 | 45 | 45 |
Imports | 488 | 532 | 672 | 667 | 709 | 715 |
Total Supply | 528 | 580 | 730 | 737 | 754 | 760 |
Domestic Use | 480 | 522 | 660 | 692 | 701 | 710 |
: Food Consumption | 324 | 347 | 480 | 498 | 522 | 525 |
: Other Consumption | 156 | 175 | 180 | 194 | 185 | 185 |
Exports | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 |
Total Use | 480 | 522 | 660 | 692 | 701 | 710 |
Ending Stocks | 48 | 58 | 70 | 45 | 53 | 50 |
Stock-to-Use Ratio | 10% | 11.10% | 10% | 6.50% | 7.60% | 7.04% |