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Crush Margins for Domestic and Imported Rapeseed in China--7/17/2020

2020-07-17 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 2300 4134 5060 200 5260 -1126
Hubei 8000 2300 4095 5240 210 5450 -1356
Average 8550 2295 4401 5160 225 5385 -984





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 8690 2270 4985 3579 170 3749 1236
Guangdong 8680 2350 5025 3579 170 3749 1276
Fujian 8610 2360 5000 3579 170 3749 1251
Average 8660 2327 5004 3579 170 3749 1255