Special Report China’s Rapeseed Oil Market
Research Background
As a newly listed futures variety, rapeseed oil obtained great attention in the futures exchange market. Based on the overall survey, this report is a precious special research report for vegoil processing enterprises, vegoil spot futures merchants, futures investment agencies, futures broker companies and related insiders who pay great attention to China’s rapeseed oil industry.
As the first research report studying the whole rapeseed oil production chain, it will focus on rapeseed planting, rapeseed processing, rapeseed oil circulation and reserve in order to analysis rapeseed oil development and forecast the future trends under the background of vegoil industry and international market. It will forecast for China rapeseed processing industry by analyzing the following seven issues; state industry policy environment, rapeseed oil consumption prospect, domestic and overseas rapeseed oil supply and demand situation, by which to respond the questions insiders required:
1 What is the policy environment prospect of vegoil processing industry in China?
2 How much potential will rapeseed oil demand grow further?
3 What is the production capacity of rapeseed oil like in the future in China?
4 What is the future processing scale of rapeseed oil under the background of the overall oil processing industry?
5 What is the future trend of import and export of rapeseed oil in China?
The report serves as an important tool for insiders in China rapeseed oil industry to capture the future trends and investment opportunities therein.
As a newly listed futures variety, rapeseed oil obtained great attention in the futures exchange market. Based on the overall survey, this report is a precious special research report for vegoil processing enterprises, vegoil spot futures merchants, futures investment agencies, futures broker companies and related insiders who pay great attention to China’s rapeseed oil industry.
As the first research report studying the whole rapeseed oil production chain, it will focus on rapeseed planting, rapeseed processing, rapeseed oil circulation and reserve in order to analysis rapeseed oil development and forecast the future trends under the background of vegoil industry and international market. It will forecast for China rapeseed processing industry by analyzing the following seven issues; state industry policy environment, rapeseed oil consumption prospect, domestic and overseas rapeseed oil supply and demand situation, by which to respond the questions insiders required:
1 What is the policy environment prospect of vegoil processing industry in China?
2 How much potential will rapeseed oil demand grow further?
3 What is the production capacity of rapeseed oil like in the future in China?
4 What is the future processing scale of rapeseed oil under the background of the overall oil processing industry?
5 What is the future trend of import and export of rapeseed oil in China?
The report serves as an important tool for insiders in China rapeseed oil industry to capture the future trends and investment opportunities therein.
1. INTRODUCTION TO QUALITY OF RAPESEED OIL AND RAPESEED MEAL
1.1 Analysis of Nutrition Quality of Rapeseed Oil
Figure 1, Comparison of Dietary Fat
Table 1, Comparison of Dietary Fat
1.2 Analysis of Nutrition Quality of Rapeseed Meal
Table 2, Comparison of canola meal nutrient composition between China Canada and Europe
Table 3 Digestibility coefficients of essential amino acids for pigs and poultry
2. POLICY ENVIRONMENT OF CHINA’S RAPESEED OIL INDUSTRY
2.1 Evolvement of Policies for Growing Oilseeds in China
2.2 Assessment of Policy Guidance for China’s Oil and Fat Industry
2.3 Policy Trend for China’s Vegetable Oil Trade
2.4 Trend of China’s Bio-energy Development and Policy Guidance
Table 4, Changes of Biological Energy Policies in China, 2000-2007
2.5 Analysis of National Reserve of Edible Oil and the Rotation Policy
2.6 Changes of China’s Rapeseed Oil Quality Standards and Evaluations
Table 5, Character Index of Rapeseed Oil in China
Table 6, Quality Index of Rapeseed Oil in China
Table7, Quality Index of Expelling & Extracted Finished Rapeseed Oil in China
3. ANALYSIS OF THE PROSPECTS OF CHINA’S RAPESEED OIL CONSUMPTION
3.1 China’s Vegetable Oil Consumption and its Position at the World Market
3.1.1 The Weight of China’s Vegetable Oil Consumption in the World Market
Figure 2, Distribution of Vegoil Consumption in the World
3.1.2 Analysis of China’s Vegetable Oil Consumption Trend
Figure 3, Trend of Vegoil Consumption in China, 2000/01-2007/08
3.2 Status of Rapeseed Oil in China’s Vegetable Oil Consumption and Future Trend
Figure 4, Proportion of Vegoil Consumption by Varieties in China, 2006/2007
3.3 China’s Rapeseed Oil Consuming Structure and the Trend
Figure 5 Trend of Rapeseed Oil Consumption in China, 1993/94-2007/08
Figure 6 Change Trend of Consumption Structure of Rapeseed Oil in China, 1993/94-2007/08
Figure 7 Consumption Structure of Rapeseed Oil in China, 2006/2007 Corp Year
3.4 Analysis of Prospects of Household Consumption of Rapeseed Oil in China
3.4.1 Analysis of the Trend of Household Consumption of Edible Vegetable Oil
Figure 8 Trend of Household Consumption of VegOil in China, 1999-2006
Figure 9 Changes of Per Capita Expenditure of Edible Oil Consumption in China, 1995-2005
3.4.2 Household Food Consuming Structure of Residents and the Trend
Figure 10 Growth Trend of Food Expenditure in China, 1995-2006
Figure 11 Growth Trend of Oil and Fats Expenditure in China, 1995-2005
Figure 12 Changes of Proportion of Oil Expenditure by Urban Residents in China, 1995-2005
Figure 13 Changes of Structure of Food Expenditure by Urban Residents in China, 1995-2005
Figure 14 Structure of Food Expenditure by Urban Residents in China, 2005
3.4.3 Income Growth and its Influence on Household Consumption of Vegetable Oil
Figure 15 Growth Trend of Resident Income, 1978-2006
Figure 16 Comparison of Income Trend and Consumption Expenditure by Urban Residents in China, 1995-2006
Table 8 Comparison of Per Capita Vegoil Consumption and Income Trend by Urban Residents in China
3.4.4 Analysis of the Growth Potential of Vegetable Oil Household Consumption from the Solid Population Growth
Figure 17 Comparison of Household Vegoil Consumption and Population Growth in China, 1999-2006
Figure 18 Stable Growth of Population in China, 1978-2006
Table 9 Comparison of Total Household Vegoil Consumption and Population Growth in China
3.4.5 Distribution of China’s Main Rapeseed Oil Consuming Regions
3.4.6 Estimates of the Growth Potential of Household Consumption of Rapeseed Oil
Figure 19 Growth Trend of Household Rapeseed Oil Consumption in China, 1993/94-2010/11
3.5 Analysis of Restaurant Consumption of Rapeseed Oil in China
3.5.1 Development of the Restaurant Industry and Influence on Vegetable Oil Consumption
Figure 20 Trend of Income of Catering Industry in China, 1994-2007
Figure 21 Stable Growth of Outside Dining Consumption by Urban Residents in China, 1995-2005
3.5.2 Impact on Vegetable Oil Restaurant Consumption from Urbanization Process
Figure 22 Trend of Urbanization Progress in China, 1978-2006
Figure 23 Comparison of Vegoil Consumption and Outside Dining Consumption by Urban Residents in Catering Industry in China, 1997-2005
3.5.3 Regional Distribution of Restaurant Consumption of Vegetable Oil
Figure 24 Distribution of Income of Catering Industry in China, 2006
Table 10 Comparison of Catering Industry Development in the West and East Regions
3.5.4 Estimates of the Growth Potential of China’s Restaurant Consumption of Rapeseed Oil
Figure 25 Consumption Trend of Rapeseed Oil in Catering Industry in China, 1993/94-2010/11
3.6 Analysis of the Prospect of Industrial Consumption of China’s Rapeseed Oil
3.6.1 Analysis of the Prospect of China’s Vegetable Oil Processing Industry
3.6.2 Main Forms of Industrial Consumption of Vegetable Oil and the Trend
3.6.3 Demands for Bio-diesel in China and the Trend
3.6.4 Prediction of the Growth Potential of China’s Industrial Demands for Rapeseed Oil
3.7 Rapeseed Oil Price Fluctuation and the Impact on Demands for Rapeseed Oil
Figure 26 Price Ratio of Rapeseed Oil to Soybean Oil in China, 1995-2007
3.8 Evaluation and Prediction of China’s Rapeseed Oil Demand Growth
Figure 27 Domestic Consumption Growth Trend of Rapeseed Oil in China, 1993/94-2010/11
4. ANALYSIS OF SUPPLY SITUATION OF RAPESEED OIL IN CHINA
4.1 Changing Trend of Rapeseed Acreage and Output
4.1.1 Change of Acreage
Figure 28 Changes of Total Planting Areas of Rapeseed in China, 1990-2007
4.1.2 Change of Output
Figure 29 Changes of Total Production of Rapeseed in China, 1990-2007
4.1.3 Analysis of Growing Potential of Rapeseed Production and Outlook
Figure 30 Comparison of Rapeseed Planting Areas and Total Infield Areas in China, 1996-2006
Figure 31 Change Trend of Per Yield Acreage of Rapeseed, 1996-2006
Figure 32 Analysis & Forecast of Growth Potential of Rapeseed Production, 1990-2012
4.2 Layout of Rapeseed Production
4.2.1 Layout
Figure 33 Regional Layout of Planting Areas of Rapeseed in China, 2006
4.2.2 Changes of Rapeseed Production of Main Provinces
Figure 34 Changes of Planting Areas of Rapeseed in Main Producing Provinces, 1990-2006
Table 11 First Ten Provinces with Largest Rapeseed Acreage, 1990-2006
Figure 35 Changes of Yield Per Acreage of Rapeseed in Main Producing Provinces
Figure 36 Changes of Production of Rapeseed in Main Producing Provinces
Table 12 First Ten Provinces with Largest Rapeseed Production, 1990-2006
4.3 Basic Situation of Rapeseed Processing in China
4.3.1 Quantity, Scale and Layout of Processing Companies
Figure 37 Regional Layout of Rapeseed Processing Areas
Figure 38 Regional Layout of Rapeseed Purchase Quantity in China (Top 100)
4.3.2 Processing Chain of Rapeseed and Main Products
4.3.3 Output of Rapeseed Processed Products
Figure 39 Trend of Rapeseed Oil & Rapeseed Meal Output in China, 1993/94-2007/08
4.4 Analysis of Processing Efficiency of Rapeseed
4.4.1 Status of Rapeseed Processing Efficiency in Oilseed Processing
Figure 40 Comparison of Different Oilseeds Processing Profit in China
4.4.2 Analysis of Rapeseed Processing Efficiency and Trend
Figure 41 Comparison of Processing Profit of Rapeseed and Soybean, 2002-2007
4.5 Changes of Rapeseed Oil Production and Trend
4.5.1 Total Output and Trend of Rapeseed Oil
Figure 42 Changes of Output of Rapeseed Oil in China, 1993/94-2006/07
4.5.2 Changes of Rapeseed Oil Output of Main Producing Regions
Figure 43 Output of Rapeseed Oil by Provinces in China, 1996/97-2007/08
4.5.3 Changes of Supply of Substitutes
Figure 44 Comparison of Vegoil Supply Structure by Varieties in China, 1998 vs 2006
Figure 45 Trend of Total Vegoil Supply in China, 1998-2006
Figure 46 Trend of Vegoil Supply Structure in China, 1998-2006
Figure 47 Trend of Imported Vegoil Supply Structure by Varieties in China, 1998-2006
Figure 48 Trend of Domestic Oilseeds Nutrition Supply Structure in China, 1998-2006
4.6 Analysis of Import and Export Trend of Rapeseed Oil and Rapeseed
4.6.1 Import and Export of Rapeseed
Figure 49 Imports of Rapeseed in China, 1992-2006
Figure 50 Proportion Changes of Imported Rapeseed from Main Original Countries, 1992-2006
Figure 51 Exports of Rapeseed in China, 1995-2006
Figure 52 Comparison of Imports and Exports of Rapeseed in China, 1995-2006
4.6.2 Import and Export of Rapeseed Oil
Figure 53 Imports of Rapeseed Oil in China, 1992-2006
Figure 54 Proportion Changes of Imported Rapeseed oil from Main Original Countries, 1992-2006
Figure 55 Exports of Rapeseed Oil in China, 1995-2006
Figure 56 Comparison of Imports and Exports of Rapeseed Oil in China, 1998-2006
4.7 National Reserve of Rapeseed Oil
4.7.1 Changes of National Reserve
4.7.2 Layout of National Reserve Depots and Capacity
Figure 57Distribution of Rapeseed Oil State Reserve in China
4.7.3 Rotation Speed and Outlet of Rapeseed Oil
Table13, Rotation of State Reserve of Rapeseed Oil, 2003-2007
5. FORECAST OF SUPPLY AND DEMAND OF RAPESEED OIL AND PRICE
5.1 Equilibrium of Rapeseed Oil Supply and Demand
Figure 58 Price & Stock of Rapeseed Oil in China, 1994/95-2006/07
Figure 59 Changes of Rapeseed Oil Stock in China, 1993/94-2007/08
Table 14 Rapeseed Oil Supply & Demand Balance Sheet in China, 2002/03-2007/08
5.2 Trend of Spot Price of Rapeseed Oil and Forecast
Figure 60 Trend of Spot Price of Rapeseed Oil in China, 1995-2007
6. CASE STUDY OF TYPICAL RAPESEED ENTERPRISES
6.1 Analysis of Vertical Development of Key Rapeseed Enterprises
6.1.1 COFCO Ruixiang Grain and Oil Industry (Jingmen) Co., Ltd.
Table 15 Profit Statement of COFCO Xiangrui Oils & Grains Industries (Jinmen) Co., ltd
6.1.2 Xinyuan Grain and Oil (Wuhan) Co., Ltd.
Table 16 Profit Statement of Yueyang Xinyuan Oils & Grains Industries Co., ltd
6.1.3 Anhui Fengyuan Oil and Fat Co., Ltd
Table 17 Profit Statement of Anhui Fengyuan Oils Co., ltd
6.1.4 Zhejiang Xinshi Oil and Fat Holding Co., Ltd.
Table 18 Profit Statement of Zhejiang Xinshi Oils Co., ltd
6.2 Horizontal Comparison of the Competitiveness of Key Rapeseed Enterprises
Figure 61 Comparison of Profitability & Cost between Different Enterprises
7. SUPPLY AND DEMAND FOR RAPESEED OIL IN THE WORLD
7.1 Global Output of Rapeseed Oil
Figure 62 Total Output & Planting Areas of Rapeseed in the World, 1994/95-2007/08
7.2 Output of Rapeseed by Main Producing Countries
Figure 63 Layout of Main Rapeseed Producing Countries, 2006-2007
Figure 64 Proportion Changes of Main Rapeseed Producing Countries, 1994/95-2007/08
Figure 65 Changes of Output of Rapeseed in Main Producing Countries, 1994/95-2007/08
7.3 Global Output of Rapeseed Oil
Figure 66 Trend of Output of Rapeseed Oil in the World, 1994/95-2007/08
7.4 Status of Rapeseed Oil in World Vegetable Oil
Figure 67 Proportion Change of Different VegOil Output in the World, 1994/95-2007/08
Figure 68 Comparison of Different VegOil Output in the World, 2006-2007
7.5 Output of Rapeseed Oil of Main Producing Countries
Figure 69 Output of Rapeseed Oil in Main Producing Countries in the World, 1996/97-2005/06.
7.6 Rapeseed Oil Consumption in the World
Figure 70 Consumption of Rapeseed Oil in the World, 1994/95-2007/08
7.7 Consumption of Rapeseed Oil of Main Countries
Figure 71 Consumption of Rapeseed Oil in Main Consuming Countries in the World, 1997/98-2005/06
7.8 Export of Rapeseed Oil in the World
Figure 72 Changes of Exported VegOil by Varieties, 1994/95-2007/08
Figure 73 Comparison of Rapeseed Oil Export and Vegoil in the world, 1994/95-2007/08
Figure 74 Exports of Rapeseed Oil by Countries in the World, 1997/98-2005/06
7.9 Import of Rapeseed Oil in the World
Figure 75 Imports of Rapeseed Oil in Main Importing Countries, 1996/97-2005/06
7.10 Equilibrium of Rapeseed Oil Supply and Demand in the World
Figure 76 International Rapeseed Oil Price and its Stock in the World, 1994/95-2007/08
Figure 77 Changes of Stock of Rapeseed Oil in the World, 1994/95-2007/08
Table 19 Rapeseed Oil Supply & Demand Balance Sheet in the World, 1994/95-2007/08
8. SUPPLY IN CANADA
8.1 Supply and Demand of Rapeseed Oil in Canada
8.1.1 Output of Rapeseed Oil and Forecast of Canada
Figure 78 Changes of Output of Rapeseed and Mustard Seed in Canada, 1990-2005
8.1.2 Oil Crushing of Rapeseed in Canada
Figure 79 Weekly Crush of Rapeseed in Canada, 2005/06-2007/08
8.1.3 Export of Rapeseed from Canada
Figure 80 Exports of Rapeseed and Mustard Seed in Canada, 1990-2005
8.1.4 Equilibrium of Supply and Demand of Rapeseed in Canada
Figure 81，Stock & its Changes of Rapeseed in Canada, 2004/05-2007/08
Table 20，Canada Rapeseed Supply and Demand Balance Sheet, 2004/05-2007/08
8.2 Supply and Demand of Rapeseed Oil in Canada
8.2.1 Output of Rapeseed Oil in Canada
Figure 82 Output of Rapeseed Oil in Canada, 1994/95-2007/08
8.2.2 Export of Rapeseed Oil from Canada
Figure 83 Exports of Rapeseed Oil in Canada, 1994/95-2007/08
8.2.3 Equilibrium of Supply and Demand of Rapeseed Oil in Canada
Figure 84 Stock & its Changes of Rapeseed Oil in Canada, 2004/05-2007/08
Table 21 Canada Rapeseed Oil Supply and Demand Balance Sheet, 2004/05-2007/08
8.3 Policy Analysis of Rapeseed and Oil in Canada
8.3.1 Agricultural Policy on Rapeseed Oil in Canada
8.3.2 Policy on Import and Export of Rapeseed and Oil of Canada
9. SUPPLY IN EU
9.1 Supply and Demand of Rapeseed Oil in EU
9.1.1 Output of Rapeseed Oil in EU and Forecast
Figure 85 Output of Rapeseed in the EU, 1996/97-2007/08
9.1.2 Export of Rapeseed from EU
Figure 86 Exports of Rapeseed in the EU, 1996/97-2007/08
9.1.3 Equilibrium of Rapeseed Supply and Demand in EU
Figure 87 Stock & its Changes of Rapeseed in the EU, 2004/05-2007/08
Table 22 EU Rapeseed Supply and Demand Balance Sheet, 2004/05-2007/08
9.2 Supply and Demand of Rapeseed Oil in EU
9.2.1 Output of Rapeseed Oil in EU
Figure 88 Growing Trend of Output of Rapeseed Oil in the EU, 1994/95-2007/08
9.2.2 Demand for Rapeseed Oil in EU
Figure 89 Domestic Demand for Rapeseed Oil in the EU, 1994/95-2007/08
Figure 90 Structure Changes of Domestic Demand for Rapeseed Oil in the EU, 2002/03-2007/08
9.2.3 Export of Rapeseed Oil from EU
Figure 91 Exports of Rapeseed Oil in the EU, 1994/95-2007/08
9.2.4 Equilibrium of Supply and Demand for Rapeseed Oil in EU
Figure 92 Changes of Stock of Rapeseed Oil in the EU, 2002/03-2007/08
Table 23 EU Rapeseed Oil Supply and Demand Balance Sheet, 2002/03-2007/08
9.3 Analysis of Policy on Rapeseed and Oil in EU
9.3.1 Agricultural Policy on Rapeseed in EU
9.3.2 Policy on Import and Export of Rapeseed and Oil of EU
10. SUPPLY IN AUSTRALIA
10.1 Supply and Demand for Rapeseed in Australia
10.1.1 Rapeseed Output and the Estimate
Figure 93 Changes of Output of Rapeseed and Mustard Seed in Australia, 1990-2005
10.1.2 Rapeseed Export
Figure 94 Changes of Exports of Rapeseed and Mustard Seed in Australia, 1990-2005
10.1.3 Domestic Demands for Rapeseed
Figure 95 Changes of Domestic Demand for Rapeseed and Mustard Seed in Australia, 1990-2005
10.1.4 Demand-supply Equilibrium of Rapeseed
Figure 96 Changes of Stock of Rapeseed & Mustard Seed in Australia, 1990-2005
Table 24 Australia Rapeseed & Mustard Seed Supply and Demand Balance Sheet, 1990-2005
11. WORLD FUTURES MARKET FOR RAPESEED AND RAPESEED OIL
11.1 Canadian Rapeseed Futures Market
11.1.1 Development of the Canadian Rapeseed Futures Market
11.1.2 Dealing in Futures Contracts of Rapeseed in Canada
Table 25 Instructions of Futures Contract of Canadian Rapeseed Futures Market
11.1.3 Analysis of the Changes of Prices of Canada Rapeseed Futures
Figure 97 Monthly Price Changes of Canadian Rapeseed Futures,1998-2007
11.2 Pan-European Stock Exchange Rapeseed Futures Market
11.2.1 Development of Rapeseed Futures Market at Pan-European Stock Exchange
11.2.2 Rapeseed Futures Contracts at Pan-European Stock Exchange
Table 26 Instructions of Contract of Canadian Rapeseed Futures
Table 27 Instructions of Contract of Canadian Rapeseed Oil Futures
11.3 Comparison of Dealing in Rapeseed Futures Contracts between China and other Countries
Table 28 Comparison of China Rapeseed futures with overseas Rapeseed futures
12. FACTORS AFFECTING THE PRICE OF RAPESEED OIL
Figure 98 Influential Factors on Rapeseed Oil Price
12.1 Beginning Inventory of Rapeseed Oil and the Impact on Price
12.2 Impact on Price from Output of Rapeseed Oil
Figure 99 Comparison of Rapeseed Oil Output with Price in China, 1994/95-2006/07
12.2.1 Growing Area Affects the Output of Rapeseed
12.2.2 Impact of Climate Changes on the Yield of Rapeseed
Table 29, Influence of Weather on Rapeseed Growth
12.3 Import and Export of Rapeseed Oil and the Impact on Domestic Price
Figure 100 Rapeseed Oil Price both at Home and Abroad, 1995/96-2006/07
12.4 Rapeseed Oil Consumption and its Influence on the Price
12.5 Ending Inventory of Rapeseed Oil and Its Influence on Price
Figure 101 Price & Stock of Rapeseed Oil in China, 1994/95-2006/07
12.6 Impact from Other Oil and Fat Goods on the Price of Rapeseed Oil
Figure 102 Comparison of Rapeseed Oil Price with Other Oil in China
12.7 Rapeseed Meal Price and its Influence on Rapeseed Oil
Figure 103 Price Comparison of Rapeseed Oil with Rapeseed Meal in China
13. ANALYSIS OF PRICE TREND OF RAPESEED OIL IN HISTORY
Figure 104 Trend of Spot Price of Rapeseed Oil in China, 1995-2007
14. BIO-DIESEL DEVELOPMENT IN THE WORLD
14.1 Bio-diesel in Different Countries
14.2 Analysis of Future Prospects
14.3 Impacts on the Oil and Fat Industry
APPENDIX
1 Planting Areas of Rapeseed by Provinces in China, 1998-2006
2 Output of Rapeseed by Provinces in China, 1998-2006
3 Yield Per Acreage of Rapeseed by Provinces in China, 1998-2006
4 Import of Rapeseed by Countries in China, 1998-2006
5 Output of Rapeseed Oil by Provinces in China, 1997/98-2007/08
6 Import of Rapeseed Oil by Countries in China, 1998-2006
7 Top 100 of China’s Rapeseed Enterprises in 2007
8 Production Capacity and Output of Rapeseed Enterprises in Anhui (2007)
9 Daily Handling Capacity of Oilseed Enterprises in Jiangsu (2007)
10 Vegoil Consumption by Country in the World, 2003/04-2007/08
11 Output of Rapeseed by Countries in the World, 1999/00-2007/08
12 Consumption of Rapeseed Oil by Countries in the World, 1997/98-2005/06
13 Consumption of Rapeseed Oil by Countries in the World, 1997/98-2005/06
14 Import of Rapeseed Oil in Main Importing Countries, 1996/97-2005/06
15 Export of Rapeseed Oil in Main Exporting Countries, 1997/98-2005/06
1.1 Analysis of Nutrition Quality of Rapeseed Oil
Figure 1, Comparison of Dietary Fat
Table 1, Comparison of Dietary Fat
1.2 Analysis of Nutrition Quality of Rapeseed Meal
Table 2, Comparison of canola meal nutrient composition between China Canada and Europe
Table 3 Digestibility coefficients of essential amino acids for pigs and poultry
2. POLICY ENVIRONMENT OF CHINA’S RAPESEED OIL INDUSTRY
2.1 Evolvement of Policies for Growing Oilseeds in China
2.2 Assessment of Policy Guidance for China’s Oil and Fat Industry
2.3 Policy Trend for China’s Vegetable Oil Trade
2.4 Trend of China’s Bio-energy Development and Policy Guidance
Table 4, Changes of Biological Energy Policies in China, 2000-2007
2.5 Analysis of National Reserve of Edible Oil and the Rotation Policy
2.6 Changes of China’s Rapeseed Oil Quality Standards and Evaluations
Table 5, Character Index of Rapeseed Oil in China
Table 6, Quality Index of Rapeseed Oil in China
Table7, Quality Index of Expelling & Extracted Finished Rapeseed Oil in China
3. ANALYSIS OF THE PROSPECTS OF CHINA’S RAPESEED OIL CONSUMPTION
3.1 China’s Vegetable Oil Consumption and its Position at the World Market
3.1.1 The Weight of China’s Vegetable Oil Consumption in the World Market
Figure 2, Distribution of Vegoil Consumption in the World
3.1.2 Analysis of China’s Vegetable Oil Consumption Trend
Figure 3, Trend of Vegoil Consumption in China, 2000/01-2007/08
3.2 Status of Rapeseed Oil in China’s Vegetable Oil Consumption and Future Trend
Figure 4, Proportion of Vegoil Consumption by Varieties in China, 2006/2007
3.3 China’s Rapeseed Oil Consuming Structure and the Trend
Figure 5 Trend of Rapeseed Oil Consumption in China, 1993/94-2007/08
Figure 6 Change Trend of Consumption Structure of Rapeseed Oil in China, 1993/94-2007/08
Figure 7 Consumption Structure of Rapeseed Oil in China, 2006/2007 Corp Year
3.4 Analysis of Prospects of Household Consumption of Rapeseed Oil in China
3.4.1 Analysis of the Trend of Household Consumption of Edible Vegetable Oil
Figure 8 Trend of Household Consumption of VegOil in China, 1999-2006
Figure 9 Changes of Per Capita Expenditure of Edible Oil Consumption in China, 1995-2005
3.4.2 Household Food Consuming Structure of Residents and the Trend
Figure 10 Growth Trend of Food Expenditure in China, 1995-2006
Figure 11 Growth Trend of Oil and Fats Expenditure in China, 1995-2005
Figure 12 Changes of Proportion of Oil Expenditure by Urban Residents in China, 1995-2005
Figure 13 Changes of Structure of Food Expenditure by Urban Residents in China, 1995-2005
Figure 14 Structure of Food Expenditure by Urban Residents in China, 2005
3.4.3 Income Growth and its Influence on Household Consumption of Vegetable Oil
Figure 15 Growth Trend of Resident Income, 1978-2006
Figure 16 Comparison of Income Trend and Consumption Expenditure by Urban Residents in China, 1995-2006
Table 8 Comparison of Per Capita Vegoil Consumption and Income Trend by Urban Residents in China
3.4.4 Analysis of the Growth Potential of Vegetable Oil Household Consumption from the Solid Population Growth
Figure 17 Comparison of Household Vegoil Consumption and Population Growth in China, 1999-2006
Figure 18 Stable Growth of Population in China, 1978-2006
Table 9 Comparison of Total Household Vegoil Consumption and Population Growth in China
3.4.5 Distribution of China’s Main Rapeseed Oil Consuming Regions
3.4.6 Estimates of the Growth Potential of Household Consumption of Rapeseed Oil
Figure 19 Growth Trend of Household Rapeseed Oil Consumption in China, 1993/94-2010/11
3.5 Analysis of Restaurant Consumption of Rapeseed Oil in China
3.5.1 Development of the Restaurant Industry and Influence on Vegetable Oil Consumption
Figure 20 Trend of Income of Catering Industry in China, 1994-2007
Figure 21 Stable Growth of Outside Dining Consumption by Urban Residents in China, 1995-2005
3.5.2 Impact on Vegetable Oil Restaurant Consumption from Urbanization Process
Figure 22 Trend of Urbanization Progress in China, 1978-2006
Figure 23 Comparison of Vegoil Consumption and Outside Dining Consumption by Urban Residents in Catering Industry in China, 1997-2005
3.5.3 Regional Distribution of Restaurant Consumption of Vegetable Oil
Figure 24 Distribution of Income of Catering Industry in China, 2006
Table 10 Comparison of Catering Industry Development in the West and East Regions
3.5.4 Estimates of the Growth Potential of China’s Restaurant Consumption of Rapeseed Oil
Figure 25 Consumption Trend of Rapeseed Oil in Catering Industry in China, 1993/94-2010/11
3.6 Analysis of the Prospect of Industrial Consumption of China’s Rapeseed Oil
3.6.1 Analysis of the Prospect of China’s Vegetable Oil Processing Industry
3.6.2 Main Forms of Industrial Consumption of Vegetable Oil and the Trend
3.6.3 Demands for Bio-diesel in China and the Trend
3.6.4 Prediction of the Growth Potential of China’s Industrial Demands for Rapeseed Oil
3.7 Rapeseed Oil Price Fluctuation and the Impact on Demands for Rapeseed Oil
Figure 26 Price Ratio of Rapeseed Oil to Soybean Oil in China, 1995-2007
3.8 Evaluation and Prediction of China’s Rapeseed Oil Demand Growth
Figure 27 Domestic Consumption Growth Trend of Rapeseed Oil in China, 1993/94-2010/11
4. ANALYSIS OF SUPPLY SITUATION OF RAPESEED OIL IN CHINA
4.1 Changing Trend of Rapeseed Acreage and Output
4.1.1 Change of Acreage
Figure 28 Changes of Total Planting Areas of Rapeseed in China, 1990-2007
4.1.2 Change of Output
Figure 29 Changes of Total Production of Rapeseed in China, 1990-2007
4.1.3 Analysis of Growing Potential of Rapeseed Production and Outlook
Figure 30 Comparison of Rapeseed Planting Areas and Total Infield Areas in China, 1996-2006
Figure 31 Change Trend of Per Yield Acreage of Rapeseed, 1996-2006
Figure 32 Analysis & Forecast of Growth Potential of Rapeseed Production, 1990-2012
4.2 Layout of Rapeseed Production
4.2.1 Layout
Figure 33 Regional Layout of Planting Areas of Rapeseed in China, 2006
4.2.2 Changes of Rapeseed Production of Main Provinces
Figure 34 Changes of Planting Areas of Rapeseed in Main Producing Provinces, 1990-2006
Table 11 First Ten Provinces with Largest Rapeseed Acreage, 1990-2006
Figure 35 Changes of Yield Per Acreage of Rapeseed in Main Producing Provinces
Figure 36 Changes of Production of Rapeseed in Main Producing Provinces
Table 12 First Ten Provinces with Largest Rapeseed Production, 1990-2006
4.3 Basic Situation of Rapeseed Processing in China
4.3.1 Quantity, Scale and Layout of Processing Companies
Figure 37 Regional Layout of Rapeseed Processing Areas
Figure 38 Regional Layout of Rapeseed Purchase Quantity in China (Top 100)
4.3.2 Processing Chain of Rapeseed and Main Products
4.3.3 Output of Rapeseed Processed Products
Figure 39 Trend of Rapeseed Oil & Rapeseed Meal Output in China, 1993/94-2007/08
4.4 Analysis of Processing Efficiency of Rapeseed
4.4.1 Status of Rapeseed Processing Efficiency in Oilseed Processing
Figure 40 Comparison of Different Oilseeds Processing Profit in China
4.4.2 Analysis of Rapeseed Processing Efficiency and Trend
Figure 41 Comparison of Processing Profit of Rapeseed and Soybean, 2002-2007
4.5 Changes of Rapeseed Oil Production and Trend
4.5.1 Total Output and Trend of Rapeseed Oil
Figure 42 Changes of Output of Rapeseed Oil in China, 1993/94-2006/07
4.5.2 Changes of Rapeseed Oil Output of Main Producing Regions
Figure 43 Output of Rapeseed Oil by Provinces in China, 1996/97-2007/08
4.5.3 Changes of Supply of Substitutes
Figure 44 Comparison of Vegoil Supply Structure by Varieties in China, 1998 vs 2006
Figure 45 Trend of Total Vegoil Supply in China, 1998-2006
Figure 46 Trend of Vegoil Supply Structure in China, 1998-2006
Figure 47 Trend of Imported Vegoil Supply Structure by Varieties in China, 1998-2006
Figure 48 Trend of Domestic Oilseeds Nutrition Supply Structure in China, 1998-2006
4.6 Analysis of Import and Export Trend of Rapeseed Oil and Rapeseed
4.6.1 Import and Export of Rapeseed
Figure 49 Imports of Rapeseed in China, 1992-2006
Figure 50 Proportion Changes of Imported Rapeseed from Main Original Countries, 1992-2006
Figure 51 Exports of Rapeseed in China, 1995-2006
Figure 52 Comparison of Imports and Exports of Rapeseed in China, 1995-2006
4.6.2 Import and Export of Rapeseed Oil
Figure 53 Imports of Rapeseed Oil in China, 1992-2006
Figure 54 Proportion Changes of Imported Rapeseed oil from Main Original Countries, 1992-2006
Figure 55 Exports of Rapeseed Oil in China, 1995-2006
Figure 56 Comparison of Imports and Exports of Rapeseed Oil in China, 1998-2006
4.7 National Reserve of Rapeseed Oil
4.7.1 Changes of National Reserve
4.7.2 Layout of National Reserve Depots and Capacity
Figure 57Distribution of Rapeseed Oil State Reserve in China
4.7.3 Rotation Speed and Outlet of Rapeseed Oil
Table13, Rotation of State Reserve of Rapeseed Oil, 2003-2007
5. FORECAST OF SUPPLY AND DEMAND OF RAPESEED OIL AND PRICE
5.1 Equilibrium of Rapeseed Oil Supply and Demand
Figure 58 Price & Stock of Rapeseed Oil in China, 1994/95-2006/07
Figure 59 Changes of Rapeseed Oil Stock in China, 1993/94-2007/08
Table 14 Rapeseed Oil Supply & Demand Balance Sheet in China, 2002/03-2007/08
5.2 Trend of Spot Price of Rapeseed Oil and Forecast
Figure 60 Trend of Spot Price of Rapeseed Oil in China, 1995-2007
6. CASE STUDY OF TYPICAL RAPESEED ENTERPRISES
6.1 Analysis of Vertical Development of Key Rapeseed Enterprises
6.1.1 COFCO Ruixiang Grain and Oil Industry (Jingmen) Co., Ltd.
Table 15 Profit Statement of COFCO Xiangrui Oils & Grains Industries (Jinmen) Co., ltd
6.1.2 Xinyuan Grain and Oil (Wuhan) Co., Ltd.
Table 16 Profit Statement of Yueyang Xinyuan Oils & Grains Industries Co., ltd
6.1.3 Anhui Fengyuan Oil and Fat Co., Ltd
Table 17 Profit Statement of Anhui Fengyuan Oils Co., ltd
6.1.4 Zhejiang Xinshi Oil and Fat Holding Co., Ltd.
Table 18 Profit Statement of Zhejiang Xinshi Oils Co., ltd
6.2 Horizontal Comparison of the Competitiveness of Key Rapeseed Enterprises
Figure 61 Comparison of Profitability & Cost between Different Enterprises
7. SUPPLY AND DEMAND FOR RAPESEED OIL IN THE WORLD
7.1 Global Output of Rapeseed Oil
Figure 62 Total Output & Planting Areas of Rapeseed in the World, 1994/95-2007/08
7.2 Output of Rapeseed by Main Producing Countries
Figure 63 Layout of Main Rapeseed Producing Countries, 2006-2007
Figure 64 Proportion Changes of Main Rapeseed Producing Countries, 1994/95-2007/08
Figure 65 Changes of Output of Rapeseed in Main Producing Countries, 1994/95-2007/08
7.3 Global Output of Rapeseed Oil
Figure 66 Trend of Output of Rapeseed Oil in the World, 1994/95-2007/08
7.4 Status of Rapeseed Oil in World Vegetable Oil
Figure 67 Proportion Change of Different VegOil Output in the World, 1994/95-2007/08
Figure 68 Comparison of Different VegOil Output in the World, 2006-2007
7.5 Output of Rapeseed Oil of Main Producing Countries
Figure 69 Output of Rapeseed Oil in Main Producing Countries in the World, 1996/97-2005/06.
7.6 Rapeseed Oil Consumption in the World
Figure 70 Consumption of Rapeseed Oil in the World, 1994/95-2007/08
7.7 Consumption of Rapeseed Oil of Main Countries
Figure 71 Consumption of Rapeseed Oil in Main Consuming Countries in the World, 1997/98-2005/06
7.8 Export of Rapeseed Oil in the World
Figure 72 Changes of Exported VegOil by Varieties, 1994/95-2007/08
Figure 73 Comparison of Rapeseed Oil Export and Vegoil in the world, 1994/95-2007/08
Figure 74 Exports of Rapeseed Oil by Countries in the World, 1997/98-2005/06
7.9 Import of Rapeseed Oil in the World
Figure 75 Imports of Rapeseed Oil in Main Importing Countries, 1996/97-2005/06
7.10 Equilibrium of Rapeseed Oil Supply and Demand in the World
Figure 76 International Rapeseed Oil Price and its Stock in the World, 1994/95-2007/08
Figure 77 Changes of Stock of Rapeseed Oil in the World, 1994/95-2007/08
Table 19 Rapeseed Oil Supply & Demand Balance Sheet in the World, 1994/95-2007/08
8. SUPPLY IN CANADA
8.1 Supply and Demand of Rapeseed Oil in Canada
8.1.1 Output of Rapeseed Oil and Forecast of Canada
Figure 78 Changes of Output of Rapeseed and Mustard Seed in Canada, 1990-2005
8.1.2 Oil Crushing of Rapeseed in Canada
Figure 79 Weekly Crush of Rapeseed in Canada, 2005/06-2007/08
8.1.3 Export of Rapeseed from Canada
Figure 80 Exports of Rapeseed and Mustard Seed in Canada, 1990-2005
8.1.4 Equilibrium of Supply and Demand of Rapeseed in Canada
Figure 81，Stock & its Changes of Rapeseed in Canada, 2004/05-2007/08
Table 20，Canada Rapeseed Supply and Demand Balance Sheet, 2004/05-2007/08
8.2 Supply and Demand of Rapeseed Oil in Canada
8.2.1 Output of Rapeseed Oil in Canada
Figure 82 Output of Rapeseed Oil in Canada, 1994/95-2007/08
8.2.2 Export of Rapeseed Oil from Canada
Figure 83 Exports of Rapeseed Oil in Canada, 1994/95-2007/08
8.2.3 Equilibrium of Supply and Demand of Rapeseed Oil in Canada
Figure 84 Stock & its Changes of Rapeseed Oil in Canada, 2004/05-2007/08
Table 21 Canada Rapeseed Oil Supply and Demand Balance Sheet, 2004/05-2007/08
8.3 Policy Analysis of Rapeseed and Oil in Canada
8.3.1 Agricultural Policy on Rapeseed Oil in Canada
8.3.2 Policy on Import and Export of Rapeseed and Oil of Canada
9. SUPPLY IN EU
9.1 Supply and Demand of Rapeseed Oil in EU
9.1.1 Output of Rapeseed Oil in EU and Forecast
Figure 85 Output of Rapeseed in the EU, 1996/97-2007/08
9.1.2 Export of Rapeseed from EU
Figure 86 Exports of Rapeseed in the EU, 1996/97-2007/08
9.1.3 Equilibrium of Rapeseed Supply and Demand in EU
Figure 87 Stock & its Changes of Rapeseed in the EU, 2004/05-2007/08
Table 22 EU Rapeseed Supply and Demand Balance Sheet, 2004/05-2007/08
9.2 Supply and Demand of Rapeseed Oil in EU
9.2.1 Output of Rapeseed Oil in EU
Figure 88 Growing Trend of Output of Rapeseed Oil in the EU, 1994/95-2007/08
9.2.2 Demand for Rapeseed Oil in EU
Figure 89 Domestic Demand for Rapeseed Oil in the EU, 1994/95-2007/08
Figure 90 Structure Changes of Domestic Demand for Rapeseed Oil in the EU, 2002/03-2007/08
9.2.3 Export of Rapeseed Oil from EU
Figure 91 Exports of Rapeseed Oil in the EU, 1994/95-2007/08
9.2.4 Equilibrium of Supply and Demand for Rapeseed Oil in EU
Figure 92 Changes of Stock of Rapeseed Oil in the EU, 2002/03-2007/08
Table 23 EU Rapeseed Oil Supply and Demand Balance Sheet, 2002/03-2007/08
9.3 Analysis of Policy on Rapeseed and Oil in EU
9.3.1 Agricultural Policy on Rapeseed in EU
9.3.2 Policy on Import and Export of Rapeseed and Oil of EU
10. SUPPLY IN AUSTRALIA
10.1 Supply and Demand for Rapeseed in Australia
10.1.1 Rapeseed Output and the Estimate
Figure 93 Changes of Output of Rapeseed and Mustard Seed in Australia, 1990-2005
10.1.2 Rapeseed Export
Figure 94 Changes of Exports of Rapeseed and Mustard Seed in Australia, 1990-2005
10.1.3 Domestic Demands for Rapeseed
Figure 95 Changes of Domestic Demand for Rapeseed and Mustard Seed in Australia, 1990-2005
10.1.4 Demand-supply Equilibrium of Rapeseed
Figure 96 Changes of Stock of Rapeseed & Mustard Seed in Australia, 1990-2005
Table 24 Australia Rapeseed & Mustard Seed Supply and Demand Balance Sheet, 1990-2005
11. WORLD FUTURES MARKET FOR RAPESEED AND RAPESEED OIL
11.1 Canadian Rapeseed Futures Market
11.1.1 Development of the Canadian Rapeseed Futures Market
11.1.2 Dealing in Futures Contracts of Rapeseed in Canada
Table 25 Instructions of Futures Contract of Canadian Rapeseed Futures Market
11.1.3 Analysis of the Changes of Prices of Canada Rapeseed Futures
Figure 97 Monthly Price Changes of Canadian Rapeseed Futures,1998-2007
11.2 Pan-European Stock Exchange Rapeseed Futures Market
11.2.1 Development of Rapeseed Futures Market at Pan-European Stock Exchange
11.2.2 Rapeseed Futures Contracts at Pan-European Stock Exchange
Table 26 Instructions of Contract of Canadian Rapeseed Futures
Table 27 Instructions of Contract of Canadian Rapeseed Oil Futures
11.3 Comparison of Dealing in Rapeseed Futures Contracts between China and other Countries
Table 28 Comparison of China Rapeseed futures with overseas Rapeseed futures
12. FACTORS AFFECTING THE PRICE OF RAPESEED OIL
Figure 98 Influential Factors on Rapeseed Oil Price
12.1 Beginning Inventory of Rapeseed Oil and the Impact on Price
12.2 Impact on Price from Output of Rapeseed Oil
Figure 99 Comparison of Rapeseed Oil Output with Price in China, 1994/95-2006/07
12.2.1 Growing Area Affects the Output of Rapeseed
12.2.2 Impact of Climate Changes on the Yield of Rapeseed
Table 29, Influence of Weather on Rapeseed Growth
12.3 Import and Export of Rapeseed Oil and the Impact on Domestic Price
Figure 100 Rapeseed Oil Price both at Home and Abroad, 1995/96-2006/07
12.4 Rapeseed Oil Consumption and its Influence on the Price
12.5 Ending Inventory of Rapeseed Oil and Its Influence on Price
Figure 101 Price & Stock of Rapeseed Oil in China, 1994/95-2006/07
12.6 Impact from Other Oil and Fat Goods on the Price of Rapeseed Oil
Figure 102 Comparison of Rapeseed Oil Price with Other Oil in China
12.7 Rapeseed Meal Price and its Influence on Rapeseed Oil
Figure 103 Price Comparison of Rapeseed Oil with Rapeseed Meal in China
13. ANALYSIS OF PRICE TREND OF RAPESEED OIL IN HISTORY
Figure 104 Trend of Spot Price of Rapeseed Oil in China, 1995-2007
14. BIO-DIESEL DEVELOPMENT IN THE WORLD
14.1 Bio-diesel in Different Countries
14.2 Analysis of Future Prospects
14.3 Impacts on the Oil and Fat Industry
APPENDIX
1 Planting Areas of Rapeseed by Provinces in China, 1998-2006
2 Output of Rapeseed by Provinces in China, 1998-2006
3 Yield Per Acreage of Rapeseed by Provinces in China, 1998-2006
4 Import of Rapeseed by Countries in China, 1998-2006
5 Output of Rapeseed Oil by Provinces in China, 1997/98-2007/08
6 Import of Rapeseed Oil by Countries in China, 1998-2006
7 Top 100 of China’s Rapeseed Enterprises in 2007
8 Production Capacity and Output of Rapeseed Enterprises in Anhui (2007)
9 Daily Handling Capacity of Oilseed Enterprises in Jiangsu (2007)
10 Vegoil Consumption by Country in the World, 2003/04-2007/08
11 Output of Rapeseed by Countries in the World, 1999/00-2007/08
12 Consumption of Rapeseed Oil by Countries in the World, 1997/98-2005/06
13 Consumption of Rapeseed Oil by Countries in the World, 1997/98-2005/06
14 Import of Rapeseed Oil in Main Importing Countries, 1996/97-2005/06
15 Export of Rapeseed Oil in Main Exporting Countries, 1997/98-2005/06
