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Crush Margins for Domestic and Imported Rapeseed in China--6/9/2020

2020-06-09 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 7540 2290 4502 3569 170 3739 763
Guangdong 7680 2340 4589 3569 170 3739 850
Fujian 7680 2380 4611 3569 170 3739 872
Average 7633 2337 4568 3569 170 3739 829