Influenced by the gradually shrink of rapeseed sowing area, rapeseed oil output fell down, and two peak output was seen in 2000 and 2009 of 475 tons and 491 tons respectively, while in 2010- 2014, the yield fluctuated among 4.1 to 4.5 million tons.
 
Compared to domestic vegetable oil, import vegetable oil has more price advantages. The import volume in 2012/2013 reached 1.47 million tons, increased by 118% from 2011/2012. In 2013 China Grain Reserves Corporation improved rapeseed oil reserve policy, so that the arrival quantity in 2013/2014 fell down, but still maintain over 1 million tons. However, influenced by output decline and import increase, in future China’s rapeseed import will maintain in high level. While in domestic if the import volume is over 1 million tons, and the increase room will be limited. 












From “China Oil and Oilseeds Market Weekly Report”