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Crush Margins for Domestic and Imported Rapeseed in China--12/29/2020

2020-12-29 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 10190 2550 5682 4777 170 4947 735
Guangdong 10110 2610 5682 4777 170 4947 735
Fujian 10110 2630 5693 4777 170 4947 746
Average 10137 2597 5686 4777 170 4947 739