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Crush Margins for Domestic and Imported Rapeseed in China--9/24/2020

2020-09-24 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 10600 2250 5049 5340 250 5590 -541
Jiangsu 10300 2330 4940 5000 240 5240 -300
Anhui 10330 2330 4910 5060 200 5260 -350
Hubei 10270 2300 4855 5240 210 5450 -595
Average 10375 2303 5053 5160 225 5385 -332

 

 

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 9380 2300 5205 3802 170 3972 1233
Guangdong 9360 2410 5257 3802 170 3972 1285
Fujian 9400 2350 5241 3802 170 3972 1269
Average 9380 2353 5234 3802 170 3972 1262