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Crush Margins for Domestic and Imported Rapeseed in China--11/27/2020

2020-11-27 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 10110 2460 5599 4404 170 4574 1025
Guangdong 10110 2470 5605 4404 170 4574 1031
Fujian 10080 2480 5598 4404 170 4574 1024
Average 10100 2470 5601 4404 170 4574 1027