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Crush Margins for Domestic and Imported Rapeseed in China--10/28/2020

2020-10-28 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 6500 250 6750 -1701
Jiangsu 10500 2320 5003 6080 240 6320 -1317
Anhui 10260 2400 4928 6040 200 6240 -1312
Hubei 10350 2300 4882 6200 210 6410 -1528
Average 10428 2318 5081 6205 225 6430 -1349

 

 

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 9800 2500 5491 4153 170 4323 1168
Guangdong 9850 2500 5512 4153 170 4323 1189
Fujian 9800 2410 5442 4153 170 4323 1119
Average 9817 2470 5482 4153 170 4323 1159