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Crush Margins for Domestic and Imported Rapeseed in China--2/25/2021

2021-02-25 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 11300 2650 5532 6840 250 7090 -1558
Jiangsu 11700 2620 5595 6200 240 6440 -845
Anhui 11500 2930 5668 6120 200 6320 -652
Hubei 11400 2600 5418 6300 210 6510 -1092
Average 11475 2700 5680 6365 225 6590 -910

 

 

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 11140 2960 6307 6059 170 6229 78
Guangdong 11240 3010 6376 6059 170 6229 147
Fujian 11090 2970 6291 6059 170 6229 62
Average 11157 2980 6325 6059 170 6229 96