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Crush Margins for Domestic and Imported Rapeseed in China--6/5/2020

2020-06-05 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 -1217
Jiangsu 8250 2350 4245 5000 240 5240 -996
Anhui 8100 2310 4140 5060 200 5260 -1120
Hubei 8000 2300 4095 5240 210 5450 -1356
Average 8238 2315 4302 5160 225 5385 -1083






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 7470 2320 4488 3555 170 3725 763
Guangdong 7610 2370 4576 3555 170 3725 851
Fujian 7610 2390 4587 3555 170 3725 862
Average 7563 2360 4550 3555 170 3725 825