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

2020-11-11 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 10300 2400 4942 6100 200 6300 -1358
Hubei 10900 2300 5066 6200 210 6410 -1344
Average 10575 2343 5148 6220 225 6445 -1297

 

 

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 10110 2560 5654 4181 170 4351 1303
Guangdong 10140 2530 5650 4181 170 4351 1299
Fujian 10140 2450 5606 4181 170 4351 1255
Average 10130 2513 5637 4181 170 4351 1286