Crush Margin of China’s and Imported Rapeseed--14/8/2019

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Crush Margin of China’s and Imported Rapeseed--14/8/2019

2019-08-14 www.cofeed.com

Table of China’s Rapeseed Crush Margin for Oil Mills’ Current Stocks

(based on the average cost of rapeseed in oil mills stocks )

Unit: RMB/mT

China's Rapeseed	Region	Income			Expenditure			Margin
	Region	R. Oil	R. Meal	Total	Rapeseed	Charges	Total	Margin
	Sichuan	8200	2350	4268	4900	250	5150	-882
	Jiangsu	7300	2400	3947	4660	240	4900	-954
	Anhui	7500	2550	4080	4700	200	4900	-820
	Hubei	7900	2300	4061	4700	210	4910	-849
	Average	7725	2400	4170	4740	225	4965	-795

Table of Canada’s Rapeseed Theoretical Crush Margin

(based on the daily duty paid price of Canada’s rapeseed )

Unit: RMB/mT

Imported Rapeseed	Region	Income			Expenditure			Margin
	Region	R. Oil	R. Meal	Total	Rapeseed	Charges	Total	Margin
	Guangxi	7230	2480	4473	3473	170	3643	830
	Guangdong	7150	2420	4406	3473	170	3643	763
	Fujian	7200	2430	4433	3473	170	3643	790
	Average inshore	7193	2443	4437	3473	170	3643	794

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