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Crush Margins for Domestic and Imported Rapeseed in China--12/17/2020

2020-12-17 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 9970 2420 5518 4497 170 4667 851
Guangdong 9870 2490 5515 4497 170 4667 848
Fujian 9870 2500 5520 4497 170 4667 853
Average 9903 2470 5518 4497 170 4667 851