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Crush Margins for Domestic and Imported Rapeseed in China--11/24/2020

2020-11-24 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 10800 2320 5106 6080 240 6320 -1214
Anhui 10600 2470 5086 6100 200 6300 -1214
Hubei 10900 2300 5066 6200 210 6410 -1344
Average 10825 2360 5247 6220 225 6445 -1198

 

 

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 10140 2500 5634 4407 170 4577 1057
Guangdong 10110 2500 5621 4407 170 4577 1044
Fujian 10110 2490 5616 4407 170 4577 1039
Average 10120 2497 5624 4407 170 4577 1047