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Crush Margins for Domestic and Imported Rapeseed in China--11/20/2020

2020-11-20 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 11000 2350 5248 6500 250 6750 -1502
Jiangsu 10600 2320 5037 6080 240 6320 -1283
Anhui 10400 2420 4988 6100 200 6300 -1312
Hubei 10900 2300 5066 6200 210 6410 -1344
Average 10725 2348 5204 6220 225 6445 -1241

 

 

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 10330 2510 5719 4408 170 4578 1141
Guangdong 10300 2510 5707 4408 170 4578 1129
Fujian 10300 2490 5696 4408 170 4578 1118
Average 10310 2503 5707 4408 170 4578 1129