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Crush Margins for Domestic and Imported Rapeseed in China--1/6/2021

2021-01-06 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 2700 5530 6120 200 6320 -790
Hubei 10900 2300 5066 6300 210 6510 -1444
Average 11050 2418 5361 6365 225 6590 -1229

 

 

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 10550 2690 5911 4766 170 4936 975
Guangdong 10500 2760 5928 4766 170 4936 992
Fujian 10500 2780 5939 4766 170 4936 1003
Average 10517 2743 5926 4766 170 4936 990