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Crush Margins for Domestic and Imported Rapeseed in China--11/4/2020

2020-11-04 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 2300 5079 6500 250 6750 -1672
Jiangsu 10500 2320 5003 6080 240 6320 -1317
Anhui 10440 2370 4972 6040 200 6240 -1268
Hubei 10900 2300 5066 6200 210 6410 -1344
Average 10610 2323 5149 6205 225 6430 -1281

 

 

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 10340 2500 5718 4184 170 4354 1364
Guangdong 10340 2490 5712 4184 170 4354 1358
Fujian 10380 2430 5696 4184 170 4354 1342
Average 10353 2473 5708 4184 170 4354 1354