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Crush Margins for Domestic and Imported Rapeseed in China--4/21/2021

2021-04-21 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 2780 5680 5700 200 5900 -220
Hubei 11400 2550 5387 6200 210 6410 -1023
Average 11550 2643 5673 5975 225 6200 -527

 

 

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 10890 2800 6114 6726 170 6896 -782
Guangdong 11020 2870 6207 6726 170 6896 -689
Fujian 10920 2830 6143 6726 170 6896 -753
Average 10943 2833 6154 6726 170 6896 -742