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Crush Margins for Domestic and Imported Rapeseed in China--10/23/2020

2020-10-23 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 9630 2540 5442 4128 170 4298 1144
Guangdong 9680 2540 5463 4128 170 4298 1165
Fujian 9630 2440 5387 4128 170 4298 1089
Average 9547 2513 5392 4128 170 4298 1094