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Crush Margins for Domestic and Imported Rapeseed in China--8/12/2020

2020-08-12 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 2320 4282 5060 200 5260 -978
Hubei 9000 2300 4430 5240 210 5450 -1021
Average 9200 2300 4635 5160 225 5385 -751




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 3743 170 3913 1112
Guangdong 8970 2310 5038 3743 170 3913 1125
Fujian 8970 2310 5038 3743 170 3913 1125
Average 8990 2287 5034 3743 170 3913 1121