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Crush Margins for Domestic and Imported Rapeseed in China--11/10/2020

2020-11-10 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 2400 4990 6100 200 6300 -1310
Hubei 10900 2300 5066 6200 210 6410 -1344
Average 10610 2343 5161 6220 225 6445 -1284

 

 

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 10010 2540 5601 4172 170 4342 1259
Guangdong 10040 2510 5597 4172 170 4342 1255
Fujian 10040 2450 5564 4172 170 4342 1222
Average 10030 2500 5588 4172 170 4342 1246