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Crush Margins for Domestic and Imported Rapeseed in China--3/31/2021

2021-03-31 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 2720 5644 6120 200 6320 -676
Hubei 11400 2600 5418 6300 210 6510 -1092
Average 11550 2648 5676 6365 225 6590 -914

 

 

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 10300 2690 5806 6636 170 6806 -1001
Guangdong 10350 2750 5860 6636 170 6806 -947
Fujian 10300 2730 5828 6636 170 6806 -979
Average 10317 2723 5831 6636 170 6806 -975