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Crush Margins for Domestic and Imported Rapeseed in China--1/5/2021

2021-01-05 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 11500 2670 5512 6120 200 6320 -808
Hubei 10900 2300 5066 6300 210 6510 -1444
Average 11050 2410 5357 6365 225 6590 -1233

 

 

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 10490 2650 5863 4839 170 5009 854
Guangdong 10440 2720 5881 4839 170 5009 872
Fujian 10440 2740 5892 4839 170 5009 883
Average 10457 2703 5879 4839 170 5009 870