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Crush Margins for Domestic and Imported Rapeseed in China--7/15/2020

2020-07-15 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 9100 2330 4526 5000 240 5240 -714
Anhui 8100 2280 4122 5060 200 5260 -1138
Hubei 8000 2300 4095 5240 210 5450 -1356
Average 8550 2290 4398 5160 225 5385 -987




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 8450 2250 4871 3570 170 3740 1131
Guangdong 8380 2340 4890 3570 170 3740 1150
Fujian 8370 2320 4875 3570 170 3740 1135
Average 8400 2303 4879 3570 170 3740 1139