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Crush Margins for Domestic and Imported Rapeseed in China--7/23/2020

2020-07-23 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 9200 2200 4529 5340 250 5590 -1061
Jiangsu 9400 2330 4629 5000 240 5240 -611
Anhui 8300 2350 4232 5060 200 5260 -1028
Hubei 8500 2300 4262 5240 210 5450 -1188
Average 8850 2295 4507 5160 225 5385 -878





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 3596 170 3766 1386
Guangdong 9000 2410 5196 3596 170 3766 1430
Fujian 9020 2430 5215 3596 170 3766 1449
Average 9007 2390 5188 3596 170 3766 1422