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Crush Margins for Domestic and Imported Rapeseed in China--7/29/2020

2020-07-29 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 2250 4559 5340 250 5590 -1031
Jiangsu 9500 2330 4664 5000 240 5240 -576
Anhui 8300 2360 4238 5060 200 5260 -1022
Hubei 8500 2300 4262 5240 210 5450 -1188
Average 8875 2310 4525 5160 225 5385 -860





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 8870 2300 5079 3663 170 3833 1246
Guangdong 8870 2380 5123 3663 170 3833 1290
Fujian 8870 2400 5134 3663 170 3833 1301
Average 8870 2360 5112 3663 170 3833 1279