Shangzhi Defeng: At the beginning of 20 10, it is expected that China's rapeseed imports will resume.

Shang Zhidefeng predicted that Canadian rapeseed is expected to be exported in large quantities in a few months, because China's current import restrictions are expected to be lifted, and sunflower seeds as competitors are in short supply.

According to Oil World, "Canada's rapeseed exports will temporarily slow down in June 5438+065438+ 10 and February this year, because some batches of rapeseed were found to contain black leg fungus, which triggered import restrictions."

"However, there is no doubt that China will still rely heavily on Canadian rapeseed imports next year. Therefore, we expect to find a solution to the fungal problem and resume importing rapeseed from China early next year. "

Oil World said that the official estimate released by Canada last week showed that the rapeseed output in 2009/ 10 was1830,000 tons, which was1830,000 tons higher than that predicted by traders, which would increase the exportable quantity of rapeseed.

Oil World said: "Therefore, we predict that from August 2009 to July 20 10, Canada's rapeseed exports will be significantly higher than the average level again, reaching 6.6 million tons."

This is higher than the previous forecast of 6,654.38+0.5 million tons, but still lower than the previous year's 7.8 million tons, partly due to the record rapeseed production in Canada.

Oil World said that due to the tight supply of sunflower seeds in the coming months, the interest of importing countries may turn to rapeseed.

According to the agency, the output of sunflower seeds in Argentina is expected to drop to the lowest level in several years, and the crushing and export of sunflower seeds in Ukraine and Russia may drop sharply from 20 10+65438 10 to August.

Shangzhi defeng analysis team