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Crush Margins for Domestic and Imported Rapeseed in China--7/3/2020

2020-07-03 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 8900 2250 4454 5340 250 5590 -1136
Jiangsu 8600 2330 4353 5000 240 5240 -887
Anhui 8100 2320 4146 5060 200 5260 -1114
Hubei 8000 2300 4095 5240 210 5450 -1356
Average 8400 2300 4351 5160 225 5385 -1035






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 7830 2280 4621 3502 170 3672 949
Guangdong 7890 2340 4680 3502 170 3672 1008
Fujian 7890 2340 4680 3502 170 3672 1008
Average 7870 2327 4664 3502 170 3672 992