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Crush Margins for Domestic and Imported Rapeseed in China--2/5/2021

2021-02-05 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 2750 5560 6120 200 6320 -760
Hubei 10900 2600 5251 6300 210 6510 -1260
Average 11250 2655 5573 6365 225 6590 -1017

 

 

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 10220 2740 5799 5281 170 5451 348
Guangdong 10220 2880 5876 5281 170 5451 425
Fujian 10220 2800 5832 5281 170 5451 381
Average 10220 2807 5836 5281 170 5451 385