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Crush Margins for Domestic and Imported Rapeseed in China--2/26/2021

2021-02-26 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 11600 2950 5714 6120 200 6320 -606
Hubei 11400 2600 5418 6300 210 6510 -1092
Average 11500 2705 5692 6365 225 6590 -898

 

 

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 10990 2960 6244 6248 170 6418 -174
Guangdong 11090 3010 6313 6248 170 6418 -105
Fujian 10940 2970 6228 6248 170 6418 -190
Average 11007 2980 6262 6248 170 6418 -156