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Crush Margins for Domestic and Imported Rapeseed in China--3/17/2021

2021-03-17 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 11050 2740 6148 6833 170 7003 -855
Guangdong 11080 2830 6210 6833 170 7003 -793
Fujian 11080 2800 6194 6833 170 7003 -809
Average 11070 2790 6184 6833 170 7003 -819