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Crush Margins for Domestic and Imported Rapeseed in China--1/4/2021

2021-01-04 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 11000 2680 5348 6120 200 6320 -972
Hubei 10900 2300 5066 6300 210 6510 -1444
Average 10925 2433 5326 6365 225 6590 -1264

 

 

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 10520 2700 5903 4785 170 4955 948
Guangdong 10470 2760 5915 4785 170 4955 960
Fujian 10470 2770 5921 4785 170 4955 966
Average 10487 2743 5913 4785 170 4955 958