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Crush Margins for Domestic and Imported Rapeseed in China--6/15/2020

2020-06-15 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 2250 4349 5340 250 5590 -1241
Jiangsu 8250 2330 4233 5000 240 5240 -1007
Anhui 8100 2290 4128 5060 200 5260 -1132
Hubei 8000 2300 4095 5240 210 5450 -1356
Average 8238 2293 4289 5160 225 5385 -1096




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 7780 2240 4577 3579 170 3749 828
Guangdong 7820 2290 4622 3579 170 3749 873
Fujian 7880 2320 4664 3579 170 3749 915
Average 7827 2283 4621 3579 170 3749 872