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Crush Margins for Domestic and Imported Rapeseed in China--9/8/2020

2020-09-08 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 9150 2320 5119 3818 170 3988 1131
Guangdong 9150 2380 5152 3818 170 3988 1164
Fujian 9170 2320 5127 3818 170 3988 1139
Average 9157 2340 5133 3818 170 3988 1145