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Crush Margins for Domestic and Imported Rapeseed in China--1/11/2021

2021-01-11 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 10710 2770 6022 5007 170 5177 845
Guangdong 10660 2860 6050 5007 170 5177 873
Fujian 10660 2890 6067 5007 170 5177 890
Average 10677 2840 6046 5007 170 5177 869