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Crush Margins for Domestic and Imported Rapeseed in China--9/23/2020

2020-09-23 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 10330 2350 4922 5060 200 5260 -338
Hubei 10270 2300 4855 5240 210 5450 -595
Average 10325 2308 5038 5160 225 5385 -347

 

 

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 9650 2360 5351 3822 170 3992 1359
Guangdong 9640 2430 5385 3822 170 3992 1393
Fujian 9690 2380 5379 3822 170 3992 1387
Average 9660 2390 5372 3822 170 3992 1380