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

2020-07-07 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 8040 2270 4706 3504 170 3674 1032
Guangdong 7950 2360 4717 3504 170 3674 1043
Fujian 7990 2360 4734 3504 170 3674 1060
Average 7993 2330 4718 3504 170 3674 1044



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