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Crush Margins for Domestic and Imported Rapeseed in China--10/22/2020

2020-10-22 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 6100 200 6300 -1460
Hubei 10050 2300 4781 6100 210 6310 -1529
Average 10288 2318 5031 6145 225 6370 -1339

 

 

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 9540 2550 5409 4041 170 4211 1198
Guangdong 9590 2550 5430 4041 170 4211 1219
Fujian 9540 2440 5349 4041 170 4211 1138
Average 9557 2513 5396 4041 170 4211 1185