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Crush Margins for Domestic and Imported Rapeseed in China--3/29/2021

2021-03-29 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 10540 2780 5956 6908 170 7078 -1122
Guangdong 10640 2810 6014 6908 170 7078 -1064
Fujian 10640 2820 6020 6908 170 7078 -1058
Average 10607 2803 5997 6908 170 7078 -1081