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Crush Margins for Domestic and Imported Rapeseed in China--1/18/2021Crush Margi, Rapeseed

2021-01-18 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 11800 2650 5707 6840 250 7090 -1383
Jiangsu 10800 2620 5285 6200 240 6440 -1155
Anhui 11500 2800 5590 6120 200 6320 -730
Hubei 10900 2600 5251 6300 210 6510 -1260
Average 11250 2668 5581 6365 225 6590 -1009

 

 

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 2860 6025 5151 170 5321 704
Guangdong 10600 2960 6080 5151 170 5321 759
Fujian 10600 2960 6080 5151 170 5321 759
Average 10600 2927 6062 5151 170 5321 741

 

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