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Crush Margins for Domestic and Imported Rapeseed in China--11/6/2020

2020-11-06 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 2400 4990 6100 200 6300 -1310
Hubei 10900 2300 5066 6200 210 6410 -1344
Average 10610 2330 5153 6220 225 6445 -1292

 

 

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 10300 2590 5751 4173 170 4343 1408
Guangdong 10300 2570 5740 4173 170 4343 1397
Fujian 10360 2530 5743 4173 170 4343 1400
Average 10320 2563 5744 4173 170 4343 1401