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Crush Margins for Domestic and Imported Rapeseed in China--4/16/2021

2021-04-16 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 2550 5472 6400 250 6650 -1178
Jiangsu 11700 2690 5637 5600 240 5840 -203
Anhui 11800 2730 5650 5900 200 6100 -450
Hubei 11400 2550 5387 6200 210 6410 -1023
Average 11550 2630 5665 6025 225 6250 -585

 

 

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 10860 2720 6057 6712 170 6882 -825
Guangdong 10980 2790 6146 6712 170 6882 -736
Fujian 10950 2750 6112 6712 170 6882 -771
Average 10930 2753 6105 6712 170 6882 -777