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Crush Margins for Domestic and Imported Rapeseed in China--3/18/2021

2021-03-18 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 2780 5680 6120 200 6320 -640
Hubei 11400 2600 5418 6300 210 6510 -1092
Average 11550 2663 5685 6365 225 6590 -905

 

 

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 10940 2760 6113 6849 170 7019 -906
Guangdong 10940 2840 6157 6849 170 7019 -862
Fujian 10940 2810 6140 6849 170 7019 -879
Average 10940 2803 6136 6849 170 7019 -883