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Crush Margins for Domestic and Imported Rapeseed in China--1/25/2021

2021-01-25 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 2700 5530 6120 200 6320 -790
Hubei 10900 2600 5251 6300 210 6510 -1260
Average 11250 2643 5566 6365 225 6590 -1024

 

 

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 10330 2620 5780 4911 170 5081 699
Guangdong 10330 2700 5824 4911 170 5081 743
Fujian 10330 2710 5829 4911 170 5081 748
Average 10330 2677 5811 4911 170 5081 730