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Crush Margins for Domestic and Imported Rapeseed in China--10/20/2020

2020-10-20 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 6300 250 6550 -1501
Jiangsu 10500 2320 5003 6080 240 6320 -1317
Anhui 10000 2400 4840 5900 200 6100 -1260
Hubei 10050 2300 4781 6100 210 6310 -1529
Average 10288 2318 5031 6095 225 6320 -1289

 

 

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 9450 2530 5361 3888 170 4058 1303
Guangdong 9470 2550 5380 3888 170 4058 1322
Fujian 9450 2440 5311 3888 170 4058 1253
Average 9457 2507 5351 3888 170 4058 1293


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