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Crush Margins for Domestic and Imported Rapeseed in China--9/21/2020

2020-09-21 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 10400 2330 4974 5000 240 5240 -266
Anhui 9980 2350 4803 5060 200 5260 -457
Hubei 10270 2300 4855 5240 210 5450 -595
Average 10238 2308 5007 5160 225 5385 -378

 

 

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 9640 2390 5363 3868 170 4038 1325
Guangdong 9660 2460 5410 3868 170 4038 1372
Fujian 9660 2410 5383 3868 170 4038 1345
Average 9653 2420 5385 3868 170 4038 1347