Today is 07/03/2022

Stocks of Rapeseed, Rapeseed oil and Rapeseed Meal in Coastal Areas and East China (Week 16, 2021)

2021-04-25 www.cofeed.com

I. Rapeseed: stocks and port arrivals

 

This week (ending Apr 23), China’s rapeseed inventory totals 357,000 tonnes in coastal areas, up 87,000 tonnes or 32.2% from 270,000 tonnes last week and up 87.89% from 190,000 tonnes of the corresponding period last year. Among them, stock in Guangxi, Guangdong and Fujian is 357,000 tonnes in coastal areas, up 87,000 tonnes or 32.2% from 270,000 tonnes last week but up 123.13% from 160,000 tonnes of the same week in the previous year. Rapeseed imports will include 239,000 tonnes and 180,000 tonnes from Canada in April and May respectively, according to data by Cofeed. Currently, only several private-owned and foreign-funded oil mills are making imports, and Chinese companies will make bulk imports only in the wake of a thaw between China and Canada.

 

Area/Enterprise

Rapeseed Stocks (0,000 tonnes)

Week 16

Week 15

Var.

Guangxi

12.3

13.7

-1.4

Guangdong

9.4

3.1

6.3

Fujian

14

10.2

3.8

Yingkou Kerry, Liaoning

0

0

0

Jiangsu

0

0

0

Total

35.7

27

8.7

 

说明: C:\Users\ADMINI~1\AppData\Local\Temp\ksohtml8328\wps4.jpg 

Fig. 1: China’s Rapeseed Stocks in Recent Years

 

II. Rapeseed oil stocks

 

This week (ending Apr 23), rapeseed oil stocks are 244,950 tonnes in domestic coastal regions, up 16,000 tonnes or 6.99% from 228,950 tonnes last week and up 28.92% from 190,000 tonnes a year earlier. More details for stocks:

 

Area/Enterprise

Rapeseed Oil Stocks (tonne)

Week 16

Week 15

Var.

Guangxi

20,000

20,000

0

Guangdong

12,000

13,000

-1,000

Fujian

2,000

0

2,000

Yingkou Kerry, Liaoning

0

0

0

Jiangsu

210,950

195,950

15,000

Total

244,950

228,950

16,000

 

说明: C:\Users\ADMINI~1\AppData\Local\Temp\ksohtml8328\wps5.jpg 

Fig. 2: China’s Rapeseed Oil Stocks in Recent Years

 

III. Rapeseed meal stocks

 

This week (ending Apr 23), rapeseed meal stock has totaled 81,200 tonnes in domestic coastal regions, down 7,300 tonnes or 8.25% from 88,500 tonnes last week and up 269.10% from 22,000 tonnes a year earlier. More details for stocks:

 

Area/Enterprise

Rapeseed Meal Stocks (tonne)

Week 16

Week 15

Var.

Guangxi

56,000

60,000

-4,000

Guangdong

8,000

15,000

-7,000

Fujian

17,200

13,500

3,700

Yingkou Kerry, Liaoning

0

0

0

Jiangsu

0

0

0

Total

81,200

88,500

-7,300

         

 

说明: C:\Users\ADMINI~1\AppData\Local\Temp\ksohtml8328\wps6.jpg 

Fig. 3: China’s Rapeseed Meal Stocks in Recent Years