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Crush Margins for Domestic and Imported Rapeseed in China--12/28/2020

2020-12-28 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 6840 250 7090 -1842
Jiangsu 10800 2320 5106 6200 240 6440 -1334
Anhui 10800 2580 5220 6120 200 6320 -1100
Hubei 10900 2300 5066 6300 210 6510 -1444
Average 10875 2388 5281 6365 225 6590 -1309

 

 

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 10250 2570 5719 4768 170 4938 781
Guangdong 10170 2650 5729 4768 170 4938 791
Fujian 10170 2660 5734 4768 170 4938 796
Average 10163 2627 5713 4768 170 4938 775