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Crush Margins for Domestic and Imported Rapeseed in China--8/11/2020

2020-08-11 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 9800 2330 4767 5000 240 5240 -473
Anhui 8500 2300 4270 5060 200 5260 -990
Hubei 9000 2300 4430 5240 210 5450 -1021
Average 9200 2295 4632 5160 225 5385 -753




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 9030 2240 5025 3740 170 3910 1115
Guangdong 9020 2320 5064 3740 170 3910 1154
Fujian 9040 2310 5067 3740 170 3910 1157
Average 9030 2290 5052 3740 170 3910 1142