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Crush Margins for Domestic and Imported Rapeseed in China--8/19/2020

2020-08-19 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 2290 4264 5060 200 5260 -996
Hubei 9000 2300 4430 5240 210 5450 -1021
Average 9325 2293 4674 5160 225 5385 -711

 

 

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 9190 2250 5097 3737 170 3907 1190
Guangdong 9140 2330 5120 3737 170 3907 1213
Fujian 9340 2300 5188 3737 170 3907 1281
Average 9223 2293 5135 3737 170 3907 1228