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Crush Margins for Domestic and Imported Rapeseed in China--4/8/2021

2021-04-08 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 10810 2770 6064 6612 170 6782 -718
Guangdong 10930 2860 6164 6612 170 6782 -618
Fujian 10880 2810 6115 6612 170 6782 -667
Average 10947 2813 6145 6612 170 6782 -637