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Crush Margins for Domestic and Imported Rapeseed in China--8/20/2020

2020-08-20 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 9110 2250 5064 3753 170 3923 1141
Guangdong 9010 2300 5049 3753 170 3923 1126
Fujian 9160 2280 5101 3753 170 3923 1178
Average 9093 2277 5071 3753 170 3923 1148