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Crush Margins for Domestic and Imported Rapeseed in China--6/11/2020

2020-06-11 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 7610 2250 4510 3582 170 3752 758
Guangdong 7730 2310 4594 3582 170 3752 842
Fujian 7730 2350 4616 3582 170 3752 864
Average 7690 2303 4573 3582 170 3752 821