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Crush Margins for Domestic and Imported Rapeseed in China--11/9/2020

2020-11-09 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 2350 5108 6500 250 6750 -1642
Jiangsu 10500 2320 5003 6080 240 6320 -1317
Anhui 10440 2420 5002 6100 200 6300 -1298
Hubei 10900 2300 5066 6200 210 6410 -1344
Average 10610 2348 5164 6220 225 6445 -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 10050 2570 5635 4145 170 4315 1320
Guangdong 10080 2540 5631 4145 170 4315 1316
Fujian 10080 2500 5609 4145 170 4315 1294
Average 10070 2537 5625 4145 170 4315 1310