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Crush Margins for Domestic and Imported Rapeseed in China--11/26/2020

2020-11-26 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 2400 5044 6100 200 6300 -1256
Hubei 10900 2300 5066 6200 210 6410 -1344
Average 10825 2343 5237 6220 225 6445 -1208

 

 

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 10210 2470 5647 4418 170 4588 1059
Guangdong 10210 2480 5652 4418 170 4588 1064
Fujian 10210 2490 5658 4418 170 4588 1070
Average 10210 2480 5652 4418 170 4588 1064