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Crush Margins for Domestic and Imported Rapeseed in China--9/25/2020

2020-09-25 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 6200 250 6450 -1401
Jiangsu 10300 2330 4940 5600 240 5840 -900
Anhui 10330 2330 4910 5500 200 5700 -790
Hubei 10270 2300 4855 5800 210 6010 -1155
Average 10375 2303 5053 5775 225 6000 -947

 

 

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 9430 2310 5231 3780 170 3950 1281
Guangdong 9430 2400 5281 3780 170 3950 1331
Fujian 9430 2330 5242 3780 170 3950 1292
Average 9430 2347 5251 3780 170 3950 1301