Today is 12/22/2024

Crush Margins for Domestic and Imported Rapeseed in China--3/2/2021

2021-03-02 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 2830 5642 6120 200 6320 -678
Hubei 11400 2600 5418 6300 210 6510 -1092
Average 11500 2675 5674 6365 225 6590 -916

 

 

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 10980 2800 6152 6417 170 6587 -435
Guangdong 11080 2910 6254 6417 170 6587 -333
Fujian 10930 2810 6136 6417 170 6587 -451
Average 10997 2840 6181 6417 170 6587 -406