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Crush Margins for Domestic and Imported Rapeseed in China--5/27/2020

2020-05-27 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 7050 2270 4280 3521 170 3691 589
Guangdong 7230 2310 4379 3521 170 3691 688
Fujian 7180 2350 4380 3521 170 3691 689
Average 7153 2310 4346 3521 170 3691 655