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Cofeed: China Rapeseed Oil Supply and Demand Estimates (August, 2019)

2019-08-08 www.mnk-9.com

China Rapeseed Oil Supply & Demand Estimates Yearly (0'000 tonnes)

Item/Year

2014/15

2015/16

2016/17

2017/18

2018/19

2019/20

 

Est.

Est.

Est.

Est.

July Proj.

July Proj.

August  Proj.

Beginning Stocks

616

627

510

193

80

99

99

Production

398

393

312

333

328

251

251

Imports

63

85

71

81

130

90

90

Total Supply

1077

1105

893

607

538

440

440

Total Use

450

595

700

527

439

362

362

Carry-over Stocks

627

510

193

80

99

78

78

Stock-to-Use Ratio

139.33%

85.00%

27.57%

15.18%

22.55%

21.55%

21.55%