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Crush Margins for Domestic and Imported Rapeseed in China--11/13/2020

2020-11-13 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 2430 4960 6100 200 6300 -1340
Hubei 10900 2300 5066 6200 210 6410 -1344
Average 10575 2350 5152 6220 225 6445 -1293

 

 

 

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 10150 2520 5649 4257 170 4427 1222
Guangdong 10150 2480 5627 4257 170 4427 1200
Fujian 10170 2410 5597 4257 170 4427 1170
Average 10157 2470 5624 4257 170 4427 1197