Export

Japan Australia’s major buyer of July canola: ABS

Liz Wells, September 27, 2019

AUSTRALIA exported 39,309 tonnes of canola in July, up from 16,290t shipped in June, with Japan the biggest customer, according to the latest export data from the Australian Bureau of Statistics (ABS).

Bunge operates two up-country sites and a grain terminal in WA to make it one of the state's secondary bulk handlers also receiving canola and grain. Photo: Bunge WA

Canola from Western Australia’s 2018 harvest is delivered to a Bunge site. Photo: Bunge WA

The July figures reflect the focus of Europe, normally Australia’s biggest canola market at the start of the shipping year, on its own crop.

Japan, a loyal and long-time Australian canola customer, has been the biggest market by far for shipments over May, June and July, taking 59,321t, with China on 9600t the next biggest.

Shipments from Western Australia to eastern ports are thought to have totaled at least 50,000t over the reporting period as shipped tonnage continues to be sourced to satisfy crush requirements.

These are expect to continue up to November, when NSW canola will become available to crushers.

Victorian crops are generally enjoying a much better season than those north of the border, and they will also become available to crushers in November provided the latter half of spring does not receive excessive rainfall.

May June July Tonnes
China 0 9600 0 9600
Japan 30533 1719 27069 59321
Korea 600 554 0 1154
Malaysia 1461 2061 5145 8668
Myanmar 499 0 0 499
Nepal 1006 1024 6091 8121
Netherlands 41 0 0 41
New Zealand 1608 1332 1000 3940
UAE 0 0 3 3
TOTAL 35749 16290 39309 91347

Table 1: ABS Australian canola export tonnages for May, June and July 2019.

 

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