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Crush Margins for Domestic and Imported Rapeseed in China--10/30/2020

2020-10-30 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 10190 2480 5644 4207 170 4377 1267
Guangdong 10230 2470 5655 4207 170 4377 1278
Fujian 10230 2400 5617 4207 170 4377 1240
Average 10217 2450 5639 4207 170 4377 1262