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Crush Margins for Domestic and Imported Rapeseed in China--10/15/2020

2020-10-15 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 2380 4828 5840 200 6040 -1212
Hubei 10050 2280 4769 6100 210 6310 -1541
Average 10288 2303 5023 6010 225 6235 -1212

 

 

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 9610 2490 5406 3774 170 3944 1462
Guangdong 9630 2510 5425 3774 170 3944 1481
Fujian 9610 2410 5362 3774 170 3944 1418
Average 9617 2470 5398 3774 170 3944 1454