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Crush Margins for Domestic and Imported Rapeseed in China--11/25/2020

2020-11-25 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 10180 2500 5651 4460 170 4630 1021
Guangdong 10170 2500 5646 4460 170 4630 1016
Fujian 10170 2490 5641 4460 170 4630 1011
Average 10173 2497 5646 4460 170 4630 1016