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Crush Margins for Domestic and Imported Rapeseed in China--7/24/2020

2020-07-24 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 8850 2330 5087 3636 170 3806 1281
Guangdong 8850 2410 5131 3636 170 3806 1325
Fujian 8840 2410 5127 3636 170 3806 1321
Average 8847 2383 5115 3636 170 3806 1309