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Crush Margins for Domestic and Imported Rapeseed in China--7/6/2020

2020-07-06 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 7900 2300 4662 3504 170 3674 988
Guangdong 7930 2350 4702 3504 170 3674 1028
Fujian 7940 2370 4718 3504 170 3674 1044
Average 7923 2340 4694 3504 170 3674 1020