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Crush Margins for Domestic and Imported Rapeseed in China--6/3/2020

2020-06-03 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 2290 4128 5060 200 5260 -1132
Hubei 8000 2300 4095 5240 210 5450 -1356
Average 8238 2310 4299 5160 225 5385 -1086






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 7440 2270 4448 3532 170 3702 746
Guangdong 7580 2310 4530 3532 170 3702 828
Fujian 7580 2350 4552 3532 170 3702 850
Average 7533 2310 4510 3532 170 3702 808