SunSirs: It is Predicted that The New Supply of Rapeseed in 2022/23 will Increase by 1.46 million Tons year-on-year
November 04 2022 13:29:46The National Grain and Oil Information Center released the November "Monthly Report on Supply and Demand in the Oil and Oilseeds Market", predicting that the new supply of rapeseed in our country in 2022/23 will be 18.4 million tons, a year-on-year increase of 1.46 million tons, of which domestic rapeseed production is 15.6 million tons, and rapeseed production is 15.6 million tons. The import volume was 2.8 million tons.
It is estimated that the annual consumption of rapeseed oil is 18.36 million tons, an increase of 1.36 million tons year-on-year, including 15.56 million tons of domestic rapeseed and 2.8 million tons of imported rapeseed.
The annual supply and demand balance of rapeseed is expected to be 10,000 tons.
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