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Crush Margins for Domestic and Imported Rapeseed in China--3/30/2021

2021-03-30 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 2810 5698 6120 200 6320 -622
Hubei 11400 2600 5418 6300 210 6510 -1092
Average 11550 2670 5689 6365 225 6590 -901

 

 

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 10550 2700 5916 6796 170 6966 -1050
Guangdong 10550 2780 5960 6796 170 6966 -1006
Fujian 10550 2760 5949 6796 170 6966 -1017
Average 10550 2747 5942 6796 170 6966 -1024