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Crush Margins for Domestic and Imported Rapeseed in China--9/18/2020

2020-09-18 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 10300 2250 4944 5340 250 5590 -646
Jiangsu 10000 2330 4836 5000 240 5240 -404
Anhui 9980 2350 4803 5060 200 5260 -457
Hubei 10000 2300 4765 5240 210 5450 -686
Average 10070 2308 4948 5160 225 5385 -437

 

 

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 9520 2390 5313 3849 170 4019 1294
Guangdong 9540 2460 5360 3849 170 4019 1341
Fujian 9540 2410 5332 3849 170 4019 1313
Average 9533 2420 5335 3849 170 4019 1316