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Crush Margins for Domestic and Imported Rapeseed in China--4/13/2021

2021-04-13 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 5700 240 5940 -345
Anhui 11800 2750 5662 5960 200 6160 -498
Hubei 11400 2600 5418 6300 210 6510 -1092
Average 11550 2655 5680 6115 225 6340 -660

 

 

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 10780 2700 6013 6720 170 6890 -877
Guangdong 10900 2780 6107 6720 170 6890 -783
Fujian 10850 2770 6081 6720 170 6890 -810
Average 10843 2750 6067 6720 170 6890 -823