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Crush Margins for Domestic and Imported Rapeseed in China--1/8/2021

2021-01-08 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 2680 5518 6120 200 6320 -802
Hubei 10900 2300 5066 6300 210 6510 -1444
Average 11050 2413 5358 6365 225 6590 -1232

 

 

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 10600 2670 5921 4951 170 5121 800
Guangdong 10550 2750 5944 4951 170 5121 823
Fujian 10550 2790 5966 4951 170 5121 845
Average 10567 2737 5943 4951 170 5121 822