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Crush Margins for Domestic and Imported Rapeseed in China--1/13/2021

2021-01-13 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 2850 5620 6120 200 6320 -700
Hubei 10900 2300 5066 6300 210 6510 -1444
Average 11050 2455 5383 6365 225 6590 -1207

 

 

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 10740 2960 6139 4937 170 5107 1032
Guangdong 10740 3050 6188 4937 170 5107 1081
Fujian 10740 3050 6188 4937 170 5107 1081
Average 10740 3020 6172 4937 170 5107 1065