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Crush Margins for Domestic and Imported Rapeseed in China--5/19/2020

2020-05-19 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 2300 4344 5340 250 5590 -1247
Jiangsu 8200 2350 4227 5000 240 5240 -1013
Anhui 8100 2250 4104 5060 200 5260 -1156
Hubei 8000 2300 4095 5240 210 5450 -1356
Average 8200 2300 4280 5160 225 5385 -1106

 

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 7160 2250 4316 3524 170 3694 622
Guangdong 7340 2290 4416 3524 170 3694 722
Fujian 7290 2330 4416 3524 170 3694 722
Average 7263 2290 4383 3524 170 3694 689