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Crush Margins for Domestic and Imported Rapeseed in China--12/22/2020

2020-12-22 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 2520 5184 6100 200 6300 -1116
Hubei 10900 2300 5066 6200 210 6410 -1344
Average 10875 2373 5273 6220 225 6445 -1172

 

 

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 2590 5620 4680 170 4850 770
Guangdong 9920 2660 5629 4680 170 4850 779
Fujian 9920 2680 5640 4680 170 4850 790
Average 9943 2643 5630 4680 170 4850 780