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Crush Margins for Domestic and Imported Rapeseed in China--6/24/2020

2020-06-24 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 7880 2230 4615 3601 170 3771 844
Guangdong 7900 2300 4662 3601 170 3771 891
Fujian 7840 2310 4642 3601 170 3771 871
Average 7873 2280 4639 3601 170 3771 868