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Crush Margins for Domestic and Imported Rapeseed in China--10/12/2020

2020-10-12 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 5700 200 5900 -1090
Hubei 10050 2280 4769 5800 210 6010 -1241
Average 10238 2273 4987 5875 225 6100 -1113

 

 

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 9710 2510 5459 3714 170 3884 1575
Guangdong 9740 2530 5482 3714 170 3884 1598
Fujian 9740 2420 5422 3714 170 3884 1538
Average 9730 2487 5454 3714 170 3884 1570