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Crush Margins for Domestic and Imported Rapeseed in China--10/13/2020

2020-10-13 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 10500 2300 4991 5900 240 6140 -1149
Anhui 10000 2350 4810 5800 200 6000 -1190
Hubei 10050 2280 4769 5800 210 6010 -1241
Average 10288 2273 5005 5925 225 6150 -1145

 

 

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 9670 2460 5414 3799 170 3969 1445
Guangdong 9690 2510 5450 3799 170 3969 1481
Fujian 9670 2400 5381 3799 170 3969 1412
Average 9677 2457 5416 3799 170 3969 1447