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Crush Margins for Domestic and Imported Rapeseed in China--5/15/2020

2020-05-15 www.cofeed.com
Crush Margins for Domestic Rapeseed (at average cost of in-mill stocks)
Region Income (CNY/tonne) Expenditure  (CNY/tonne) Margin
Rapeseed Oil Rapeseed Meal Total Rapeseed Crush Cost Total
Sichuan 8500 2350 4373 5340 250 5590 -1217
Jiangsu 8300 2350 4262 5000 240 5240 -978
Anhui 8100 2250 4104 5060 200 5260 -1156
Hubei 8000 2300 4095 5240 210 5450 -1356
Average 8325 2313 4331 5160 225 5385 -1054

 

Theoretical Crush Margins for Imported Rapeseed (at intraday duty-paid price)
Region Income  (CNY/tonne) Expenditure (CNY/tonne) Margin
Rapeseed Oil Rapeseed Meal Total Rapeseed Crush Cost Total
Guangxi 7100 2230 4280 3486 170 3656 624
Guangdong 7280 2270 4379 3486 170 3656 723
Fujian 7260 2290 4381 3486 170 3656 725
Average 7213 2263 4346 3486 170 3656 690