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Crush Margins for Domestic and Imported Rapeseed in China--4/2/2021

2021-04-02 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 10540 2840 5989 6438 170 6608 -619
Guangdong 10590 2880 6032 6438 170 6608 -576
Fujian 10540 2880 6011 6438 170 6608 -597
Average 10557 2867 6011 6438 170 6608 -597