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Crush Margins for Domestic and Imported Rapeseed in China--4/1/2021

2021-04-01 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 2850 5722 6120 200 6320 -598
Hubei 11400 2600 5418 6300 210 6510 -1092
Average 11550 2680 5695 6365 225 6590 -895

 

 

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 10450 2860 5962 6706 170 6876 -914
Guangdong 10550 2890 6021 6706 170 6876 -856
Fujian 10450 2880 5973 6706 170 6876 -903
Average 10483 2877 5985 6706 170 6876 -891