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Crush Margins for Domestic and Imported Rapeseed in China--2/24/2021

2021-02-24 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 11300 2650 5532 6840 250 7090 -1558
Jiangsu 11700 2620 5595 6200 240 6440 -845
Anhui 11500 2900 5650 6120 200 6320 -670
Hubei 11400 2600 5418 6300 210 6510 -1092
Average 11475 2668 5661 6365 225 6590 -929

 

 

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 10850 2880 6141 5919 170 6089 52
Guangdong 10950 2980 6238 5919 170 6089 149
Fujian 10800 2940 6153 5919 170 6089 64
Average 10867 2933 6177 5919 170 6089 88