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Crush Margins for Domestic and Imported Rapeseed in China--3/26/2021

2021-03-26 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 2820 5704 6120 200 6320 -616
Hubei 11400 2600 5418 6300 210 6510 -1092
Average 11550 2673 5691 6365 225 6590 -899

 

 

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 10850 2780 6086 6987 170 7157 -1071
Guangdong 10850 2810 6103 6987 170 7157 -1055
Fujian 10850 2820 6108 6987 170 7157 -1049
Average 10850 2803 6099 6987 170 7157 -1058