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Crush Margins for Domestic and Imported Rapeseed in China--1/15/2021

2021-01-15 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 2800 5590 6120 200 6320 -730
Hubei 10900 2300 5066 6300 210 6510 -1444
Average 11050 2443 5376 6365 225 6590 -1214

 

 

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 10630 2930 6076 5070 170 5240 836
Guangdong 10630 3030 6131 5070 170 5240 891
Fujian 10630 3030 6131 5070 170 5240 891
Average 10630 2997 6113 5070 170 5240 873