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Crush Margins for Domestic and Imported Rapeseed in China--6/22/2020

2020-06-22 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 8600 2330 4353 5000 240 5240 -887
Anhui 8100 2300 4134 5060 200 5260 -1126
Hubei 8000 2300 4095 5240 210 5450 -1356
Average 8325 2295 4321 5160 225 5385 -1064





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 7860 2230 4606 3585 170 3755 851
Guangdong 7910 2320 4677 3585 170 3755 922
Fujian 7860 2330 4661 3585 170 3755 906
Average 7877 2293 4648 3585 170 3755 893