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Crush Margins for Domestic and Imported Rapeseed in China--9/16/2020

2020-09-16 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 9200 2320 5140 3831 170 4001 1139
Guangdong 9220 2380 5181 3831 170 4001 1180
Fujian 9220 2340 5159 3831 170 4001 1158
Average 9213 2347 5160 3831 170 4001 1159