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Crush Margins for Domestic and Imported Rapeseed in China--7/10/2020

2020-07-10 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 9000 2250 4489 5340 250 5590 -1101
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 8425 2300 4359 5160 225 5385 -1026




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 8180 2270 4766 3503 170 3673 1093
Guangdong 8090 2360 4777 3503 170 3673 1104
Fujian 8120 2360 4790 3503 170 3673 1117
Average 8130 2330 4777 3503 170 3673 1104