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Crush Margins for Domestic and Imported Rapeseed in China--8/28/2020

2020-08-28 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 2310 4446 5060 200 5260 -814
Hubei 9000 2300 4430 5240 210 5450 -1021
Average 9450 2298 4722 5160 225 5385 -663

 

 

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 9100 2260 5065 3795 170 3965 1100
Guangdong 9070 2350 5102 3795 170 3965 1137
Fujian 9170 2330 5133 3795 170 3965 1168
Average 9113 2313 5100 3795 170 3965 1135