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Crush Margins for Domestic and Imported Rapeseed in China--5/26/2020

2020-05-26 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 2270 4116 5060 200 5260 -1144
Hubei 8000 2300 4095 5240 210 5450 -1356
Average 8200 2305 4282 5160 225 5385 -1103

 

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 7080 2260 4287 3450 170 3620 667
Guangdong 7260 2310 4392 3450 170 3620 772
Fujian 7210 2340 4387 3450 170 3620 767
Average 7183 2303 4355 3450 170 3620 735