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Crush Margins for Domestic and Imported Rapeseed in China--8/6/2020

2020-08-06 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 9500 2250 4664 5340 250 5590 -926
Jiangsu 9600 2330 4698 5000 240 5240 -542
Anhui 8500 2300 4270 5060 200 5260 -990
Hubei 9000 2300 4430 5240 210 5450 -1021
Average 9150 2295 4614 5160 225 5385 -771




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 9260 2260 5225 3717 170 3887 1338
Guangdong 9280 2340 5277 3717 170 3887 1390
Fujian 9280 2330 5272 3717 170 3887 1385
Average 9273 2310 5258 3717 170 3887 1371