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Crush Margins for Domestic and Imported Rapeseed in China--3/16/2021

2021-03-16 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 2750 5662 6120 200 6320 -658
Hubei 11400 2600 5418 6300 210 6510 -1092
Average 11550 2655 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 11280 2690 6217 6677 170 6847 -630
Guangdong 11280 2780 6267 6677 170 6847 -580
Fujian 11280 2730 6239 6677 170 6847 -608
Average 11280 2733 6241 6677 170 6847 -60