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Crush Margins for Domestic and Imported Rapeseed in China--10/16/2020

2020-10-16 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 5900 200 6100 -1272
Hubei 10050 2280 4769 6100 210 6310 -1541
Average 10288 2303 5023 6025 225 6250 -1227

 

 

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 2500 5411 3734 170 3904 1507
Guangdong 9630 2530 5436 3734 170 3904 1532
Fujian 9610 2420 5367 3734 170 3904 1463
Average 9617 2483 5405 3734 170 3904 1501