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

2020-09-09 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 2300 4440 5060 200 5260 -820
Hubei 9000 2300 4430 5240 210 5450 -1021
Average 9450 2295 4720 5160 225 5385 -665

 

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 9130 2290 5094 3837 170 4007 1087
Guangdong 9130 2360 5133 3837 170 4007 1126
Fujian 9130 2310 5105 3837 170 4007 1098
Average 9130 2320 5111 3837 170 4007 1104