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Crush Margins for Domestic and Imported Rapeseed in China--4/7/2021

2021-04-07 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 6500 250 6750 -1218
Jiangsu 11700 2620 5595 5900 240 6140 -545
Anhui 11800 2750 5662 6200 200 6400 -738
Hubei 11400 2600 5418 6300 210 6510 -1092
Average 11550 2655 5680 6225 225 6450 -770

 

 

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 10930 2780 6120 6516 170 6686 -566
Guangdong 10980 2860 6185 6516 170 6686 -501
Fujian 10930 2840 6153 6516 170 6686 -533
Average 10947 2827 6153 6516 170 6686 -533