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Crush Margins for Domestic and Imported Rapeseed in China--7/20/2020

2020-07-20 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 8300 2350 4232 5060 200 5260 -1028
Hubei 8000 2300 4095 5240 210 5450 -1356
Average 8600 2308 4426 5160 225 5385 -959





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 9000 2330 5152 3616 170 3786 1366
Guangdong 9020 2420 5210 3616 170 3786 1424
Fujian 9020 2430 5215 3616 170 3786 1429
Average 9013 2393 5192 3616 170 3786 1406