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Crush Margins for Domestic and Imported Rapeseed in China--10/9/2020

2020-10-09 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 5800 240 6040 -1118
Anhui 10000 2350 4810 5500 200 5700 -890
Hubei 10050 2280 4769 5800 210 6010 -1241
Average 10238 2273 4987 5825 225 6050 -1063

 

 

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 9540 2430 5343 3700 170 3870 1473
Guangdong 9570 2480 5383 3700 170 3870 1513
Fujian 9540 2400 5327 3700 170 3870 1457
Average 9550 2437 5351 3700 170 3870 1481

 

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