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Crush Margins for Domestic and Imported Rapeseed in China--9/30/2020

2020-09-30 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 2300 4922 5600 240 5840 -918
Anhui 9960 2260 4742 5500 200 5700 -958
Hubei 10050 2280 4769 5800 210 6010 -1241
Average 10228 2273 4983 5775 225 6000 -1017

 

 

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 9240 2260 5124 3753 170 3923 1201
Guangdong 9260 2350 5182 3753 170 3923 1259
Fujian 9240 2280 5135 3753 170 3923 1212
Average 9247 2297 5147 3753 170 3923 1224