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Crush Margins for Domestic and Imported Rapeseed in China--12/3/2020

2020-12-03 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 2380 5032 6100 200 6300 -1268
Hubei 10900 2300 5066 6200 210 6410 -1344
Average 10825 2338 5234 6220 225 6445 -1211

 

 

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 9990 2350 5488 4449 170 4619 869
Guangdong 9970 2380 5496 4449 170 4619 877
Fujian 9970 2450 5535 4449 170 4619 916
Average 9977 2393 5506 4449 170 4619 887