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Crush Margins for Domestic and Imported Rapeseed in China--7/13/2020

2020-07-13 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 2280 4122 5060 200 5260 -1138
Hubei 8000 2300 4095 5240 210 5450 -1356
Average 8425 2290 4353 5160 225 5385 -1032






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 8290 2250 4802 3613 170 3783 1019
Guangdong 8220 2310 4805 3613 170 3783 1022
Fujian 8200 2310 4797 3613 170 3783 1014
Average 8237 2290 4801 3613 170 3783 1018