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Crush Margins for Domestic and Imported Rapeseed in China--10/26/2020

2020-10-26 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 10260 2400 4928 6100 200 6300 -1372
Hubei 10350 2300 4882 6200 210 6410 -1528
Average 10428 2318 5081 6170 225 6395 -1314

 

 

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 9750 2550 5498 4125 170 4295 1203
Guangdong 9800 2550 5519 4125 170 4295 1224
Fujian 9750 2460 5448 4125 170 4295 1153
Average 9767 2520 5488 4125 170 4295 1193