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Crush Margins for Domestic and Imported Rapeseed in China--12/4/2020

2020-12-04 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 10110 2360 5544 4471 170 4641 903
Guangdong 10040 2390 5531 4471 170 4641 890
Fujian 10060 2460 5578 4471 170 4641 937
Average 10070 2403 5551 4471 170 4641 910