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Crush Margins for Domestic and Imported Rapeseed in China--11/12/2020

2020-11-12 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 10120 2540 5647 4262 170 4432 1215
Guangdong 10120 2510 5631 4262 170 4432 1199
Fujian 10140 2430 5595 4262 170 4432 1163
Average 10127 2493 5624 4262 170 4432 1192