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Crush Margins for Domestic and Imported Rapeseed in China--7/27/2020

2020-07-27 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 2400 4262 5060 200 5260 -998
Hubei 8500 2300 4262 5240 210 5450 -1188
Average 8850 2308 4515 5160 225 5385 -870





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 8790 2370 5083 3650 170 3820 1263
Guangdong 8790 2440 5122 3650 170 3820 1302
Fujian 8790 2450 5127 3650 170 3820 1307
Average 8790 2420 5111 3650 170 3820 1291