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China’s Rapeseed Crush Weekly (Week 35, 2018)

2018-09-04 www.mnk-9.com
    Rapeseed crush of 101 mills counted in the national survey this week (Aug. 25th- 31st) is pegged at 136,830 tonnes, with a rise of 9,000 tonnes from 127,830 tonnes last week by 7.04% based on improved operation rate in coastal areas. Meantime the operation rate for rapeseed crush (capacity utilization) this week also ascends to 27.31% from 25.51% last week, among which the operation rate of domestic rapeseed settles at 1.8% and that of imported rapeseed in coastal processing mills otherwise rises from 59.56% to 63.92% this week. Generally speaking, rapeseed crush will probably edge down to 128,000 tonnes or so in the next two weeks-- still a high level, subject to down state of some mills.


               Figure 1: Rapeseed Weekly Crush in China (Week 1, 2016- Week 35, 2018)


            Figure 2: Rapeseed Operating Rate in China (Week 1, 2014- Week 35, 2018)