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Crush Margins for Domestic and Imported Rapeseed in China--8/26/2020

2020-08-26 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 9000 2290 4434 5060 200 5260 -826
Hubei 9000 2300 4430 5240 210 5450 -1021
Average 9450 2293 4719 5160 225 5385 -666

 

 

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 8960 2260 5006 3758 170 3928 1078
Guangdong 8980 2350 5064 3758 170 3928 1136
Fujian 9030 2320 5069 3758 170 3928 1141
Average 8990 2310 5046 3758 170 3928 1118