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Crush Margins for Domestic and Imported Rapeseed in China--7/1/2020

2020-07-01 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 7770 2260 4584 3563 170 3733 851
Guangdong 7850 2340 4663 3563 170 3733 930
Fujian 7850 2320 4652 3563 170 3733 919
Average 7823 2307 4633 3563 170 3733 900