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Crush Margins for Domestic and Imported Rapeseed in China--3/1/2021

2021-03-01 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 2880 5672 6120 200 6320 -648
Hubei 11400 2600 5418 6300 210 6510 -1092
Average 11500 2688 5682 6365 225 6590 -908

 

 

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 11200 2760 6222 6061 170 6231 -9
Guangdong 11300 2860 6319 6061 170 6231 88
Fujian 11150 2820 6234 6061 170 6231 3
Average 11217 2813 6258 6061 170 6231 27