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Crush Margins for Domestic and Imported Rapeseed in China--3/19/2021

2021-03-19 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 10700 2700 5979 6764 170 6934 -955
Guangdong 10700 2780 6023 6764 170 6934 -911
Fujian 10700 2740 6001 6764 170 6934 -933
Average 10700 2740 6001 6764 170 6934 -933