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Crush Margins for Domestic and Imported Rapeseed in China--3/15/2021

2021-03-15 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 11800 2650 5602 6120 200 6320 -718
Hubei 11400 2600 5418 6300 210 6510 -1092
Average 11550 2630 5665 6365 225 6590 -925

 

 

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 11240 2640 6173 6587 170 6757 -584
Guangdong 11240 2740 6228 6587 170 6757 -529
Fujian 11240 2670 6189 6587 170 6757 -568
Average 11240 2683 6196 6587 170 6757 -561