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Crush Margins for Domestic and Imported Rapeseed in China--10/14/2020

2020-10-14 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 5840 200 6040 -1230
Hubei 10050 2280 4769 6000 210 6210 -1441
Average 10288 2273 5005 5985 225 6210 -1205

 

 

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 9630 2500 5420 3788 170 3958 1462
Guangdong 9650 2520 5439 3788 170 3958 1481
Fujian 9630 2420 5376 3788 170 3958 1418
Average 9637 2480 5412 3788 170 3958 1454