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Crush Margins for Domestic and Imported Rapeseed in China--1/7/2021

2021-01-07 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 10640 2690 5948 4850 170 5020 928
Guangdong 10590 2750 5960 4850 170 5020 940
Fujian 10590 2770 5971 4850 170 5020 951
Average 10607 2737 5960 4850 170 5020 940