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Crush Margins for Domestic and Imported Rapeseed in China--12/24/2020

2020-12-24 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 6840 250 7090 -1842
Jiangsu 10800 2320 5106 6200 240 6440 -1334
Anhui 10800 2630 5250 6120 200 6320 -1070
Hubei 10900 2300 5066 6300 210 6510 -1444
Average 10875 2400 5289 6365 225 6590 -1301

 

 

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 10060 2510 5606 4727 170 4897 709
Guangdong 9990 2630 5642 4727 170 4897 745
Fujian 9990 2650 5653 4727 170 4897 756
Average 10013 2597 5634 4727 170 4897 737