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Crush Margins for Domestic and Imported Rapeseed in China--9/15/2020

2020-09-15 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 2350 4470 5060 200 5260 -790
Hubei 9000 2300 4430 5240 210 5450 -1021
Average 9450 2308 4728 5160 225 5385 -657

 

 

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 9220 2350 5165 3790 170 3960 1205
Guangdong 9240 2430 5217 3790 170 3960 1257
Fujian 9240 2380 5190 3790 170 3960 1230
Average 9233 2387 5191 3790 170 3960 1231