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Crush Margins for Domestic and Imported Rapeseed in China--12/15/2020

2020-12-15 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 2400 5112 6100 200 6300 -1188
Hubei 10900 2300 5066 6200 210 6410 -1344
Average 10875 2343 5255 6220 225 6445 -1190

 

 

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 9950 2370 5483 4515 170 4685 798
Guangdong 9850 2430 5474 4515 170 4685 789
Fujian 9800 2440 5458 4515 170 4685 773
Average 9867 2413 5471 4515 170 4685 786