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Crush Margins for Domestic and Imported Rapeseed in China--9/3/2020

2020-09-03 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 2320 4452 5060 200 5260 -808
Hubei 9000 2300 4430 5240 210 5450 -1021
Average 9450 2300 4723 5160 225 5385 -662

 

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 9310 2260 5153 3799 170 3969 1184
Guangdong 9260 2360 5187 3799 170 3969 1218
Fujian 9280 2300 5163 3799 170 3969 1194
Average 9283 2307 5168 3799 170 3969 1199