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Crush Margins for Domestic and Imported Rapeseed in China--3/23/2021

2021-03-23 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 2800 5692 6120 200 6320 -628
Hubei 11400 2600 5418 6300 210 6510 -1092
Average 11550 2668 5688 6365 225 6590 -902

 

 

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 11080 2680 6128 6637 170 6807 -679
Guangdong 11080 2760 6172 6637 170 6807 -635
Fujian 11080 2720 6150 6637 170 6807 -657
Average 11080 2720 6150 6637 170 6807 -657