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Crush Margins for Domestic and Imported Rapeseed in China--8/17/2020

2020-08-17 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 10100 2250 4874 5340 250 5590 -716
Jiangsu 9700 2330 4733 5000 240 5240 -507
Anhui 8500 2320 4282 5060 200 5260 -978
Hubei 9000 2300 4430 5240 210 5450 -1021
Average 9325 2300 4679 5160 225 5385 -706




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 9300 2220 5127 3743 170 3913 1214
Guangdong 9270 2290 5153 3743 170 3913 1240
Fujian 9290 2290 5161 3743 170 3913 1248
Average 9287 2277 5153 3743 170 3913 1240