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Crush Margins for Domestic and Imported Rapeseed in China--4/20/2021

2021-04-20 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 2750 5662 5840 200 6040 -378
Hubei 11400 2550 5387 6200 210 6410 -1023
Average 11550 2635 5668 6010 225 6235 -567

 

 

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 10740 2770 6034 6667 170 6837 -803
Guangdong 10870 2830 6122 6667 170 6837 -715
Fujian 10770 2800 6063 6667 170 6837 -774
Average 10793 2800 6073 6667 170 6837 -764