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Crush Margins for Domestic and Imported Rapeseed in China--12/14/2020

2020-12-14 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 10800 2450 5142 6100 200 6300 -1158
Hubei 10900 2300 5066 6200 210 6410 -1344
Average 10875 2355 5262 6220 225 6445 -1183

 

 

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 9890 2360 5452 4515 170 4685 767
Guangdong 9790 2410 5437 4515 170 4685 752
Fujian 9790 2430 5448 4515 170 4685 763
Average 9823 2400 5446 4515 170 4685 761