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Crush Margins for Domestic and Imported Rapeseed in China--5/29/2020

2020-05-29 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 8600 2300 4379 5340 250 5590 -1212
Jiangsu 8250 2350 4245 5000 240 5240 -996
Anhui 8100 2270 4116 5060 200 5260 -1144
Hubei 8000 2300 4095 5240 210 5450 -1356
Average 8238 2305 4296 5160 225 5385 -1089

 

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 7280 2280 4384 3516 170 3686 698
Guangdong 7440 2310 4470 3516 170 3686 784
Fujian 7410 2360 4484 3516 170 3686 798
Average 7377 2317 4446 3516 170 3686 760