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Crush Margins for Domestic and Imported Rapeseed in China--7/31/2020

2020-07-31 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 8500 2360 4306 5060 200 5260 -954
Hubei 8800 2300 4363 5240 210 5450 -1088
Average 9000 2310 4569 5160 225 5385 -816





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 8840 2310 5072 3672 170 3842 1230
Guangdong 8820 2400 5113 3672 170 3842 1271
Fujian 8820 2380 5102 3672 170 3842 1260
Average 8827 2363 5095 3672 170 3842 1253